Choreo LLC Has $19.80 Million Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Choreo LLC reduced its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 103,774 shares of the company’s stock after selling 1,884 shares during the quarter. Choreo LLC’s holdings in iShares S&P 500 Value ETF were worth $19,803,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Alpha Financial Partners LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at $7,385,000. Everpar Advisors LLC increased its position in iShares S&P 500 Value ETF by 7.2% in the third quarter. Everpar Advisors LLC now owns 1,555 shares of the company’s stock worth $307,000 after purchasing an additional 105 shares during the period. Fulton Bank N.A. acquired a new stake in iShares S&P 500 Value ETF in the third quarter worth about $216,000. Mather Group LLC. increased its position in iShares S&P 500 Value ETF by 31.6% in the third quarter. Mather Group LLC. now owns 8,326 shares of the company’s stock worth $1,642,000 after purchasing an additional 1,998 shares during the period. Finally, Callan Family Office LLC increased its position in iShares S&P 500 Value ETF by 11.7% in the third quarter. Callan Family Office LLC now owns 91,406 shares of the company’s stock worth $18,023,000 after purchasing an additional 9,552 shares during the period.

iShares S&P 500 Value ETF Stock Up 0.3 %

Shares of IVE stock opened at $195.75 on Wednesday. The stock has a 50-day moving average price of $195.61 and a 200 day moving average price of $195.08. The firm has a market cap of $35.07 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12 month low of $173.01 and a 12 month high of $206.63.

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.