iShares S&P 500 Value ETF $IVE Stock: Carret Asset Management LLC Grows Position

Carret Asset Management LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 211.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,236 shares of the company’s stock after purchasing an additional 9,661 shares during the period. Carret Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $3,250,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Calamos Advisors LLC grew its stake 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 valued at $130,727,000 after buying an additional 596,067 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth $92,702,000. Fifth Third Bancorp raised its position in shares of iShares S&P 500 Value ETF by 132.9% in the 1st quarter. Fifth Third Bancorp now owns 557,426 shares of the company’s stock worth $117,700,000 after buying an additional 318,135 shares during the period. Bank of America Corp DE raised its position in shares of iShares S&P 500 Value ETF by 2.0% in the 1st quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock worth $1,997,009,000 after buying an additional 182,358 shares during the period. Finally, Kestra Advisory Services LLC raised its position in shares of iShares S&P 500 Value ETF by 43.7% in the 3rd quarter. Kestra Advisory Services LLC now owns 540,689 shares of the company’s stock worth $123,428,000 after buying an additional 164,404 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of iShares S&P 500 Value ETF stock opened at $235.53 on Monday. iShares S&P 500 Value ETF has a twelve month low of $203.15 and a twelve month high of $244.72. The stock has a market capitalization of $50.06 billion, a P/E ratio of 22.47 and a beta of 0.82. The business’s fifty day moving average price is $234.86 and its 200 day moving average price is $226.68.

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.