Bogart Wealth LLC Cuts Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Bogart Wealth LLC decreased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 11.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,245 shares of the company’s stock after selling 292 shares during the quarter. Bogart Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $390,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in IVE. Bank of New York Mellon Corp increased its stake in iShares S&P 500 Value ETF by 4.1% during the third quarter. Bank of New York Mellon Corp now owns 61,311 shares of the company’s stock worth $9,432,000 after acquiring an additional 2,420 shares during the last quarter. CENTRAL TRUST Co boosted its stake in iShares S&P 500 Value ETF by 5.1% during the third quarter. CENTRAL TRUST Co now owns 4,461 shares of the company’s stock worth $686,000 after buying an additional 218 shares during the period. Detalus Advisors LLC bought a new position in iShares S&P 500 Value ETF during the third quarter valued at $5,942,000. TIAA Trust National Association bought a new position in iShares S&P 500 Value ETF during the third quarter valued at $2,711,000. Finally, Capital Advisors Ltd. LLC raised its stake in shares of iShares S&P 500 Value ETF by 9.6% in the third quarter. Capital Advisors Ltd. LLC now owns 30,972 shares of the company’s stock valued at $4,765,000 after acquiring an additional 2,718 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.1 %

Shares of IVE stock traded up $0.20 during trading hours on Wednesday, reaching $182.16. 322,524 shares of the stock were exchanged, compared to its average volume of 935,388. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $187.24. The firm has a market capitalization of $32.63 billion, a price-to-earnings ratio of 23.38 and a beta of 0.84. The company’s 50-day moving average price is $181.63 and its 200-day moving average price is $173.22.

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.