iShares S&P 500 Value ETF $IVE Holdings Trimmed by Cabot Wealth Management Inc.

Cabot Wealth Management Inc. reduced its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 99.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,233 shares of the company’s stock after selling 1,522,875 shares during the quarter. Cabot Wealth Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $510,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in shares of iShares S&P 500 Value ETF by 2.0% during the 1st quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock valued at $1,997,009,000 after purchasing an additional 182,358 shares in the last quarter. Lido Advisors LLC increased its position in shares of iShares S&P 500 Value ETF by 5.8% during the third quarter. Lido Advisors LLC now owns 2,252,447 shares of the company’s stock valued at $514,190,000 after buying an additional 122,809 shares during the period. Park Avenue Securities LLC raised its stake in iShares S&P 500 Value ETF by 0.3% in the third quarter. Park Avenue Securities LLC now owns 1,816,354 shares of the company’s stock worth $414,637,000 after buying an additional 5,323 shares in the last quarter. Royal Bank of Canada raised its stake in iShares S&P 500 Value ETF by 3.6% in the first quarter. Royal Bank of Canada now owns 1,396,602 shares of the company’s stock worth $294,892,000 after buying an additional 48,869 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC raised its stake in iShares S&P 500 Value ETF by 3.8% in the first quarter. Cassaday & Co Wealth Management LLC now owns 1,197,963 shares of the company’s stock worth $252,950,000 after buying an additional 44,187 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $242.73 on Thursday. iShares S&P 500 Value ETF has a one year low of $203.15 and a one year high of $244.72. The company has a 50-day simple moving average of $235.14 and a two-hundred day simple moving average of $227.05. The firm has a market capitalization of $51.73 billion, a PE ratio of 22.47 and a beta of 0.82.

iShares S&P 500 Value ETF Company Profile

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.