iShares S&P 500 Value ETF $IVE Stock: Fairvoy Private Wealth LLC Cuts Holdings

Fairvoy Private Wealth LLC decreased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 36.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,789 shares of the company’s stock after selling 2,213 shares during the period. Fairvoy Private Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $865,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of IVE. Calamos Advisors LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 2,585.9% during the 1st quarter. Calamos Advisors LLC now owns 619,118 shares of the company’s stock worth $130,727,000 after purchasing an additional 596,067 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of iShares S&P 500 Value ETF in the first quarter valued at approximately $92,702,000. Fifth Third Bancorp increased its holdings in shares of iShares S&P 500 Value ETF by 132.9% in the first quarter. Fifth Third Bancorp now owns 557,426 shares of the company’s stock valued at $117,700,000 after purchasing an additional 318,135 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of 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 valued at $1,997,009,000 after purchasing an additional 182,358 shares during the last quarter. Finally, Gallagher Capital Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF by 3,223.2% in the first quarter. Gallagher Capital Advisors LLC now owns 158,615 shares of the company’s stock valued at $33,492,000 after purchasing an additional 153,842 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock traded down $0.30 during trading on Monday, reaching $235.16. 484,193 shares of the company were exchanged, compared to its average volume of 935,931. iShares S&P 500 Value ETF has a 52-week low of $203.15 and a 52-week high of $239.93. The company has a market capitalization of $49.76 billion, a P/E ratio of 20.70 and a beta of 0.83. The stock’s 50 day simple moving average is $234.41 and its two-hundred day simple moving average is $228.76.

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.