Thrivent Financial for Lutherans Sells 115,339 Shares of iShares S&P 500 Value ETF $IVE

Thrivent Financial for Lutherans trimmed its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 50.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 111,520 shares of the company’s stock after selling 115,339 shares during the quarter. Thrivent Financial for Lutherans owned 0.06% of iShares S&P 500 Value ETF worth $21,793,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in IVE. Envestnet Asset Management Inc. boosted its holdings in iShares S&P 500 Value ETF by 12.6% during the second quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock worth $4,100,596,000 after purchasing an additional 2,339,857 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares S&P 500 Value ETF by 0.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 17,895,697 shares of the company’s stock worth $3,497,177,000 after buying an additional 119,534 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 19.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock worth $591,818,000 after buying an additional 484,782 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 4.2% in the first quarter. Goldman Sachs Group Inc. now owns 2,590,004 shares of the company’s stock valued at $493,603,000 after acquiring an additional 105,418 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 4.7% in the second quarter. PNC Financial Services Group Inc. now owns 2,362,479 shares of the company’s stock valued at $461,676,000 after acquiring an additional 105,403 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 1.2%

Shares of iShares S&P 500 Value ETF stock opened at $211.03 on Wednesday. The business’s fifty day simple moving average is $209.14 and its 200 day simple moving average is $202.65. The firm has a market capitalization of $43.04 billion, a P/E ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $214.90.

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.