iShares S&P 500 Value ETF $IVE Stock Position Decreased by Saxony Capital Management LLC

Saxony Capital Management LLC lowered its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 31.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,610 shares of the company’s stock after selling 7,782 shares during the period. iShares S&P 500 Value ETF makes up 1.5% of Saxony Capital Management LLC’s holdings, making the stock its 16th biggest holding. Saxony Capital Management LLC’s holdings in iShares S&P 500 Value ETF were worth $3,792,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its position in iShares S&P 500 Value ETF by 2.0% in the 1st quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock valued at $1,997,009,000 after buying an additional 182,358 shares during the period. Lido Advisors LLC increased its position in shares of iShares S&P 500 Value ETF by 4.4% during the first quarter. Lido Advisors LLC now owns 1,944,079 shares of the company’s stock worth $410,493,000 after acquiring an additional 81,088 shares during the period. Royal Bank of Canada increased its position in shares of iShares S&P 500 Value ETF by 3.6% during the first quarter. Royal Bank of Canada now owns 1,396,602 shares of the company’s stock worth $294,892,000 after acquiring an additional 48,869 shares during the period. Cassaday & Co Wealth Management LLC increased its position in shares of iShares S&P 500 Value ETF by 3.8% during the first quarter. Cassaday & Co Wealth Management LLC now owns 1,197,963 shares of the company’s stock worth $252,950,000 after acquiring an additional 44,187 shares during the period. Finally, Sofi Wealth LLC increased its position in shares of iShares S&P 500 Value ETF by 0.4% during the first quarter. Sofi Wealth LLC now owns 979,965 shares of the company’s stock worth $206,920,000 after acquiring an additional 4,340 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.7%

Shares of NYSEARCA IVE opened at $235.66 on Friday. The stock has a market cap of $49.87 billion, a P/E ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 12-month low of $203.15 and a 12-month high of $239.93. The business’s fifty day simple moving average is $234.42 and its 200-day simple moving average is $228.57.

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.