Crescent Grove Advisors LLC Has $1.25 Million Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Crescent Grove Advisors LLC cut its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,520 shares of the company’s stock after selling 407 shares during the period. Crescent Grove Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,245,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC increased its holdings in shares of iShares S&P 500 Value ETF by 18,046.1% in the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after acquiring an additional 1,326,211 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in iShares S&P 500 Value ETF during the 2nd quarter worth approximately $82,555,000. USA Financial Formulas acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $77,191,000. The Manufacturers Life Insurance Company lifted its stake in iShares S&P 500 Value ETF by 43.2% in the second quarter. The Manufacturers Life Insurance Company now owns 918,220 shares of the company’s stock valued at $167,125,000 after buying an additional 277,110 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 7.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after buying an additional 139,651 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.2 %

Shares of IVE stock opened at $196.15 on Friday. iShares S&P 500 Value ETF has a 12-month low of $173.01 and a 12-month high of $206.63. The firm has a fifty day moving average of $196.39 and a 200-day moving average of $194.46. The company has a market capitalization of $35.14 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.