Alesco Advisors LLC Has $14.74 Million Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Alesco Advisors LLC cut its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 22.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 84,774 shares of the company’s stock after selling 24,047 shares during the quarter. iShares S&P 500 Value ETF accounts for 0.5% of Alesco Advisors LLC’s portfolio, making the stock its 23rd biggest holding. Alesco Advisors LLC owned approximately 0.05% of iShares S&P 500 Value ETF worth $14,741,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in IVE. International Assets Investment Management LLC grew its position in 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 in the last quarter. Charles Schwab Investment Management Inc. bought a new position in iShares S&P 500 Value ETF during the third quarter worth about $93,051,000. Calamos Wealth Management LLC lifted its stake in iShares S&P 500 Value ETF by 778.4% during 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 during the period. Comerica Bank bought a new position in iShares S&P 500 Value ETF during the third quarter worth about $62,554,000. Finally, Corient Private Wealth LLC lifted its stake in iShares S&P 500 Value ETF by 1,513.6% during the third quarter. Corient Private Wealth LLC now owns 379,169 shares of the company’s stock worth $58,331,000 after purchasing an additional 355,670 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.2 %

IVE traded down $0.32 during midday trading on Friday, reaching $180.13. 440,676 shares of the company’s stock were exchanged, compared to its average volume of 961,049. The firm has a market capitalization 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 one year low of $147.23 and a one year high of $187.24. The business has a 50-day simple moving average of $181.38 and a two-hundred day simple moving average of $171.68.

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.