iShares S&P 500 Value ETF (NYSEARCA:IVE) Stake Boosted by Connecticut Wealth Management LLC

Connecticut Wealth Management LLC grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.8% during the fourth quarter, Holdings Channel reports. The firm owned 8,910 shares of the company’s stock after purchasing an additional 722 shares during the period. Connecticut Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $1,549,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of IVE. International Assets Investment Management LLC increased its stake in shares of iShares S&P 500 Value ETF by 17,397.0% in the 4th quarter. International Assets Investment Management LLC now owns 1,119,109 shares of the company’s stock valued at $194,602,000 after buying an additional 1,112,713 shares during the period. Charles Schwab Investment Management Inc. bought a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $93,051,000. Calamos Wealth Management LLC lifted its position in shares of iShares S&P 500 Value ETF by 778.4% in the fourth quarter. Calamos Wealth Management LLC now owns 472,801 shares of the company’s stock worth $82,215,000 after purchasing an additional 418,976 shares in the last quarter. Comerica Bank acquired a new position in iShares S&P 500 Value ETF during the third quarter worth $62,554,000. Finally, Corient Private Wealth LLC grew its stake in iShares S&P 500 Value ETF by 1,513.6% in the third quarter. Corient Private Wealth LLC now owns 379,169 shares of the company’s stock valued at $58,331,000 after purchasing an additional 355,670 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

IVE stock traded up $0.96 during mid-day trading on Friday, reaching $180.32. The company had a trading volume of 762,738 shares, compared to its average volume of 949,120. The company has a market capitalization of $32.30 billion, a price-to-earnings ratio of 23.38 and a beta of 0.84. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $187.24. The stock has a 50 day simple moving average of $181.52 and a two-hundred day simple moving average of $172.79.

About iShares S&P 500 Value ETF

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.