LVZ Inc. Cuts Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

LVZ Inc. lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 1.5% during the 4th quarter, Holdings Channel reports. The fund owned 450,993 shares of the company’s stock after selling 7,009 shares during the period. iShares S&P 500 Value ETF makes up 11.1% of LVZ Inc.’s portfolio, making the stock its 3rd largest holding. LVZ Inc.’s holdings in iShares S&P 500 Value ETF were worth $78,423,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Peoples Bank KS purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth approximately $25,000. Allspring Global Investments Holdings LLC raised its stake in shares of iShares S&P 500 Value ETF by 700.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 160 shares of the company’s stock worth $25,000 after purchasing an additional 140 shares during the last quarter. Fortis Capital Advisors LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $28,000. First Pacific Financial purchased a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $30,000. Finally, Hibernia Wealth Partners LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $31,000.

iShares S&P 500 Value ETF Trading Up 0.0 %

Shares of IVE traded up $0.01 on Wednesday, reaching $184.49. 134,557 shares of the company’s stock traded hands, compared to its average volume of 1,068,572. The stock has a market cap of $29.17 billion, a PE ratio of 15.85 and a beta of 0.94. The stock’s 50 day simple moving average is $179.32 and its two-hundred day simple moving average is $168.52. iShares S&P 500 Value ETF has a 52-week low of $147.23 and a 52-week high of $187.24.

iShares S&P 500 Value ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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