5T Wealth LLC Has $4.96 Million Stock Position in iShares S&P 500 Value ETF $IVE

5T Wealth LLC reduced its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,370 shares of the company’s stock after selling 742 shares during the period. iShares S&P 500 Value ETF accounts for approximately 2.4% of 5T Wealth LLC’s portfolio, making the stock its 11th biggest holding. 5T Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $4,958,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of IVE. Envestnet Asset Management Inc. raised its holdings in iShares S&P 500 Value ETF by 38.8% during the first quarter. Envestnet Asset Management Inc. now owns 18,643,646 shares of the company’s stock valued at $3,553,106,000 after buying an additional 5,207,877 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in iShares S&P 500 Value ETF by 5.5% during the first quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock valued at $3,387,781,000 after buying an additional 922,557 shares in the last quarter. Liberty Wealth Management LLC raised its holdings in iShares S&P 500 Value ETF by 1,324.3% during the first quarter. Liberty Wealth Management LLC now owns 845,488 shares of the company’s stock valued at $161,133,000 after buying an additional 786,127 shares in the last quarter. CWM LLC raised its holdings in iShares S&P 500 Value ETF by 24.6% during the first quarter. CWM LLC now owns 1,806,062 shares of the company’s stock valued at $344,199,000 after buying an additional 356,756 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of iShares S&P 500 Value ETF by 20.2% in the first quarter. Cetera Investment Advisers now owns 1,960,044 shares of the company’s stock worth $373,545,000 after buying an additional 328,727 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.2%

NYSEARCA IVE opened at $208.79 on Friday. The company has a fifty day simple moving average of $205.61 and a 200 day simple moving average of $196.95. The company has a market cap of $42.36 billion, a P/E ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $211.83.

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.