Johnson Financial Group Inc. Trims Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Johnson Financial Group Inc. cut its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 17.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,842 shares of the company’s stock after selling 814 shares during the quarter. Johnson Financial Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $668,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. International Assets Investment Management LLC boosted its stake in iShares S&P 500 Value ETF by 17,397.0% in the 4th quarter. International Assets Investment Management LLC now owns 1,119,109 shares of the company’s stock worth $194,602,000 after purchasing 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 in the 3rd quarter worth about $93,051,000. Calamos Wealth Management LLC boosted its stake in iShares S&P 500 Value ETF by 778.4% in the 4th 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 in the last quarter. Comerica Bank bought a new position in iShares S&P 500 Value ETF in the 3rd quarter worth about $62,554,000. Finally, USA Financial Formulas boosted its stake in iShares S&P 500 Value ETF by 6,282,116.7% in the 4th quarter. USA Financial Formulas now owns 376,933 shares of the company’s stock worth $65,545,000 after purchasing an additional 376,927 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock traded up $0.68 during mid-day trading on Friday, reaching $183.42. The stock had a trading volume of 400,646 shares, compared to its average volume of 865,272. The company has a market capitalization of $32.86 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The company has a 50-day moving average price of $182.50 and a two-hundred day moving average price of $176.03. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $187.24.

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.