Comerica Bank Sells 10,169 Shares of iShares S&P 500 Value ETF $IVE

Comerica Bank decreased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 360,866 shares of the company’s stock after selling 10,169 shares during the quarter. Comerica Bank owned approximately 0.18% of iShares S&P 500 Value ETF worth $74,522,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVE. FLP Wealth Management LLC raised its stake in iShares S&P 500 Value ETF by 628.5% in the 3rd quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock worth $3,454,000 after purchasing an additional 14,431 shares in the last quarter. Great Point Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $2,478,000. Detalus Advisors LLC grew its position in shares of iShares S&P 500 Value ETF by 3.6% during the 3rd quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock worth $17,354,000 after purchasing an additional 2,909 shares in the last quarter. Curbstone Financial Management Corp bought a new position in shares of iShares S&P 500 Value ETF during the third quarter worth approximately $564,000. Finally, BIP Wealth LLC increased its holdings in shares of iShares S&P 500 Value ETF by 185.4% during the third quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock worth $1,239,000 after purchasing an additional 3,898 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.1%

NYSEARCA IVE opened at $211.71 on Friday. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $223.05. The company has a 50 day moving average of $218.23 and a 200-day moving average of $211.64. The company has a market cap of $47.83 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89.

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.