Laurel Wealth Advisors LLC Has $853,000 Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Laurel Wealth Advisors LLC cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,907 shares of the company’s stock after selling 598 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $853,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of IVE. International Assets Investment Management LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 17,397.0% during the fourth quarter. International Assets Investment Management LLC now owns 1,119,109 shares of the company’s stock worth $194,602,000 after buying an additional 1,112,713 shares during the last quarter. Charles Schwab Investment Management Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at $93,051,000. The Manufacturers Life Insurance Company raised its stake in shares of iShares S&P 500 Value ETF by 82.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 985,628 shares of the company’s stock valued at $171,391,000 after purchasing an additional 444,534 shares in the last quarter. Calamos Wealth Management LLC raised its stake 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 valued at $82,215,000 after purchasing an additional 418,976 shares in the last quarter. Finally, Comerica Bank acquired a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at $62,554,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE traded down $0.30 during trading hours on Friday, reaching $180.15. The stock had a trading volume of 440,677 shares, compared to its average volume of 961,049. The business’s fifty day moving average is $181.38 and its two-hundred day moving average is $171.68. The company has a market cap of $32.27 billion, a price-to-earnings ratio of 23.38 and a beta of 0.84. iShares S&P 500 Value ETF has a twelve month low of $147.23 and a twelve month high of $187.24.

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.