iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. trimmed its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,853,606 shares of the company’s stock after selling 170,039 shares during the quarter. JPMorgan Chase & Co. owned about 9.41% of iShares S&P 500 Value ETF worth $3,217,016,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Kingsview Wealth Management LLC increased its stake in iShares S&P 500 Value ETF by 25.7% in the third quarter. Kingsview Wealth Management LLC now owns 4,932 shares of the company’s stock valued at $972,000 after purchasing an additional 1,009 shares during the last quarter. Cadence Bank purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at about $3,072,000. Freedom Investment Management Inc. acquired a new stake in iShares S&P 500 Value ETF in the third quarter valued at $469,000. CreativeOne Wealth LLC boosted its holdings in iShares S&P 500 Value ETF by 44.2% during the third quarter. CreativeOne Wealth LLC now owns 114,542 shares of the company’s stock worth $22,584,000 after buying an additional 35,131 shares in the last quarter. Finally, True Vision MN LLC grew its holdings in shares of iShares S&P 500 Value ETF by 6.4% in the 3rd quarter. True Vision MN LLC now owns 19,631 shares of the company’s stock worth $3,871,000 after acquiring an additional 1,178 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $191.62 on Thursday. The firm’s 50-day moving average is $194.28 and its two-hundred day moving average is $196.01. The company has a market capitalization of $37.31 billion, a PE ratio of 21.80 and a beta of 0.94. iShares S&P 500 Value ETF has a 12-month low of $176.09 and a 12-month high of $206.63.

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.