iShares S&P 500 Value ETF $IVE Stock: Bank Pictet & Cie Europe AG Decreases Holdings

Bank Pictet & Cie Europe AG lessened its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 12.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 55,353 shares of the company’s stock after selling 7,594 shares during the quarter. Bank Pictet & Cie Europe AG’s holdings in iShares S&P 500 Value ETF were worth $12,636,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Bank of America Corp DE boosted its position 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 acquiring an additional 182,358 shares in the last quarter. Lido Advisors LLC raised its position in iShares S&P 500 Value ETF by 4.4% in the first quarter. Lido Advisors LLC now owns 1,944,079 shares of the company’s stock worth $410,493,000 after purchasing an additional 81,088 shares in the last quarter. Royal Bank of Canada lifted its stake in iShares S&P 500 Value ETF by 3.6% during the first quarter. Royal Bank of Canada now owns 1,396,602 shares of the company’s stock worth $294,892,000 after purchasing an additional 48,869 shares during the period. Cassaday & Co Wealth Management LLC lifted its stake in iShares S&P 500 Value ETF by 3.8% during the first quarter. Cassaday & Co Wealth Management LLC now owns 1,197,963 shares of the company’s stock worth $252,950,000 after purchasing an additional 44,187 shares during the period. Finally, Sofi Wealth LLC boosted its holdings in iShares S&P 500 Value ETF by 0.4% during the first quarter. Sofi Wealth LLC now owns 979,965 shares of the company’s stock valued at $206,920,000 after purchasing an additional 4,340 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE traded up $1.62 during trading on Tuesday, reaching $236.78. 511,506 shares of the company traded hands, compared to its average volume of 932,826. iShares S&P 500 Value ETF has a 1-year low of $203.15 and a 1-year high of $239.93. The company has a market cap of $50.10 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. The stock’s 50 day moving average price is $234.39 and its two-hundred day moving average price is $228.93.

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.