Composition Wealth LLC Trims Stock Holdings in iShares S&P 500 Value ETF $IVE

Composition Wealth LLC decreased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 330,081 shares of the company’s stock after selling 26,826 shares during the period. iShares S&P 500 Value ETF accounts for about 1.0% of Composition Wealth LLC’s holdings, making the stock its 26th biggest position. Composition Wealth LLC owned 0.15% of iShares S&P 500 Value ETF worth $70,000,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Blalock Williams LLC increased its stake in shares of iShares S&P 500 Value ETF by 42.6% in the fourth quarter. Blalock Williams LLC now owns 20,373 shares of the company’s stock worth $4,321,000 after purchasing an additional 6,082 shares in the last quarter. Horizon Investments LLC bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $201,000. One Wealth Advisors LLC boosted its position in shares of iShares S&P 500 Value ETF by 39.0% in the fourth quarter. One Wealth Advisors LLC now owns 133,456 shares of the company’s stock valued at $28,302,000 after acquiring an additional 37,459 shares during the period. Davis Selected Advisers boosted its position in shares of iShares S&P 500 Value ETF by 1,821.0% in the fourth quarter. Davis Selected Advisers now owns 127,053 shares of the company’s stock valued at $26,944,000 after acquiring an additional 120,439 shares during the period. Finally, Robertson Stephens Wealth Management LLC boosted its position in shares of iShares S&P 500 Value ETF by 6.8% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 33,898 shares of the company’s stock valued at $7,189,000 after acquiring an additional 2,148 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.1%

IVE stock opened at $223.51 on Friday. The firm has a 50 day moving average of $216.09 and a 200-day moving average of $214.08. iShares S&P 500 Value ETF has a 12 month low of $183.05 and a 12 month high of $225.26. The firm has a market capitalization of $49.35 billion, a P/E ratio of 20.70 and a beta of 0.83.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.