iShares S&P 500 Value ETF (NYSEARCA:IVE) is Gray Private Wealth LLC’s 9th Largest Position

Gray Private Wealth LLC reduced its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,921 shares of the company’s stock after selling 944 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 2.2% of Gray Private Wealth LLC’s portfolio, making the stock its 9th largest holding. Gray Private Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $3,612,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC grew its stake in iShares S&P 500 Value ETF by 18,046.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after acquiring an additional 1,326,211 shares during the last quarter. USA Financial Formulas acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $77,191,000. PNC Financial Services Group Inc. increased its stake in shares of iShares S&P 500 Value ETF by 7.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after purchasing an additional 139,651 shares in the last quarter. Kovitz Investment Group Partners LLC raised its position in shares of iShares S&P 500 Value ETF by 28.7% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock worth $120,955,000 after purchasing an additional 136,769 shares during the last quarter. Finally, World Investment Advisors LLC raised its position in shares of iShares S&P 500 Value ETF by 1,511.5% during the 3rd quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock worth $22,220,000 after purchasing an additional 105,334 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $194.62 on Friday. The business’s fifty day moving average price is $195.24 and its two-hundred day moving average price is $195.10. The stock has a market cap of $34.87 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a one year low of $173.01 and a one year high of $206.63.

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.