Carmel Capital Partners LLC boosted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 43.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 44,153 shares of the company’s stock after purchasing an additional 13,406 shares during the quarter. iShares S&P 500 Value ETF comprises 3.6% of Carmel Capital Partners LLC’s holdings, making the stock its 4th biggest position. Carmel Capital Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $10,079,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Asset One Wealth Management LLC grew its position in shares of iShares S&P 500 Value ETF by 2,783.0% during the 3rd quarter. Asset One Wealth Management LLC now owns 25,543 shares of the company’s stock worth $5,831,000 after buying an additional 24,657 shares during the period. International Assets Investment Management LLC raised its stake in shares of iShares S&P 500 Value ETF by 3.9% during the third quarter. International Assets Investment Management LLC now owns 9,833 shares of the company’s stock worth $2,248,000 after buying an additional 367 shares during the last quarter. Calamos Wealth Management LLC lifted its holdings in iShares S&P 500 Value ETF by 1.5% in the third quarter. Calamos Wealth Management LLC now owns 615,155 shares of the company’s stock valued at $140,428,000 after buying an additional 8,799 shares during the period. Horizon Wealth Management LLC lifted its holdings in iShares S&P 500 Value ETF by 4.8% in the third quarter. Horizon Wealth Management LLC now owns 85,930 shares of the company’s stock valued at $19,616,000 after buying an additional 3,926 shares during the period. Finally, Kestra Advisory Services LLC lifted its holdings in iShares S&P 500 Value ETF by 43.7% in the third quarter. Kestra Advisory Services LLC now owns 540,689 shares of the company’s stock valued at $123,428,000 after buying an additional 164,404 shares during the period.
iShares S&P 500 Value ETF Stock Down 0.4%
IVE stock traded down $0.95 during midday trading on Friday, reaching $235.53. The company’s stock had a trading volume of 895,428 shares, compared to its average volume of 935,028. The business’s 50-day simple moving average is $234.86 and its 200-day simple moving average is $226.68. iShares S&P 500 Value ETF has a 52 week low of $203.15 and a 52 week high of $244.72. The stock has a market cap of $50.06 billion, a PE ratio of 22.47 and a beta of 0.82.
iShares S&P 500 Value ETF 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.
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