Signaturefd LLC Cuts Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Signaturefd LLC trimmed its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 13.5% during the 3rd quarter, Holdings Channel reports. The firm owned 3,312 shares of the company’s stock after selling 517 shares during the quarter. Signaturefd LLC’s holdings in iShares S&P 500 Value ETF were worth $653,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of IVE. JPMorgan Chase & Co. increased its holdings in shares of iShares S&P 500 Value ETF by 5.1% in the 1st quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock worth $3,320,751,000 after buying an additional 861,704 shares during the last quarter. Envestnet Asset Management Inc. raised its position in iShares S&P 500 Value ETF by 3.5% during the second quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock valued at $2,253,356,000 after purchasing an additional 420,007 shares in the last quarter. LPL Financial LLC lifted its stake in iShares S&P 500 Value ETF by 4.9% during the second quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock worth $775,111,000 after purchasing an additional 200,427 shares during the last quarter. US Bancorp DE boosted its holdings in shares of iShares S&P 500 Value ETF by 9.9% in the 1st quarter. US Bancorp DE now owns 1,539,081 shares of the company’s stock worth $287,516,000 after purchasing an additional 139,258 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of iShares S&P 500 Value ETF by 3.4% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,424,716 shares of the company’s stock valued at $259,313,000 after purchasing an additional 47,074 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.3 %

Shares of NYSEARCA IVE opened at $197.79 on Friday. The stock has a market cap of $35.43 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The stock’s 50-day moving average is $195.36 and its 200 day moving average is $187.54. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $201.08.

iShares S&P 500 Value ETF Company 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.