iShares S&P 500 Value ETF $IVE Shares Sold by Mcmorgan & Co. LLC

Mcmorgan & Co. LLC lessened its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 75,006 shares of the company’s stock after selling 3,112 shares during the period. iShares S&P 500 Value ETF makes up about 2.6% of Mcmorgan & Co. LLC’s portfolio, making the stock its 12th biggest holding. Mcmorgan & Co. LLC’s holdings in iShares S&P 500 Value ETF were worth $17,031,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. increased its position in iShares S&P 500 Value ETF by 4.6% during the 4th quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after buying an additional 821,872 shares in the last quarter. Morgan Stanley raised its stake in iShares S&P 500 Value ETF by 7.5% in the fourth quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock valued at $3,240,188,000 after buying an additional 1,068,945 shares during the last quarter. Bank of America Corp DE boosted its holdings in iShares S&P 500 Value ETF by 2.0% in the first quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock worth $1,997,009,000 after acquiring an additional 182,358 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in iShares S&P 500 Value ETF by 2.0% in the fourth quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock worth $1,328,436,000 after acquiring an additional 120,153 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of iShares S&P 500 Value ETF by 22.5% during the fourth quarter. Cetera Investment Advisers now owns 3,409,979 shares of the company’s stock worth $723,154,000 after acquiring an additional 627,109 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $237.29 on Friday. iShares S&P 500 Value ETF has a fifty-two week low of $201.22 and a fifty-two week high of $239.93. The firm has a market capitalization of $50.15 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. The stock’s 50-day simple moving average is $232.54 and its 200-day simple moving average is $224.57.

About iShares S&P 500 Value ETF

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.