Cassady Schiller Wealth Management LLC Reduces Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Cassady Schiller Wealth Management LLC lessened its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,996 shares of the company’s stock after selling 240 shares during the quarter. Cassady Schiller Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $381,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Stifel Financial Corp lifted its stake in shares of iShares S&P 500 Value ETF by 2.5% during the 3rd quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock valued at $490,670,000 after buying an additional 60,868 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 8.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock valued at $408,993,000 after buying an additional 167,028 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $311,273,000. Envestnet Portfolio Solutions Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 3.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,527,973 shares of the company’s stock valued at $291,659,000 after buying an additional 49,640 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in shares of iShares S&P 500 Value ETF by 8.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 999,059 shares of the company’s stock valued at $190,700,000 after buying an additional 73,706 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $188.81 on Monday. iShares S&P 500 Value ETF has a fifty-two week low of $176.09 and a fifty-two week high of $206.63. The firm’s fifty day moving average is $194.27 and its 200 day moving average is $196.22. The stock has a market cap of $36.68 billion, a price-to-earnings ratio of 22.06 and a beta of 0.94.

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.