Alesco Advisors LLC Has $15.48 Million Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Alesco Advisors LLC lessened its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 78,517 shares of the company’s stock after selling 2,395 shares during the quarter. iShares S&P 500 Value ETF accounts for about 0.5% of Alesco Advisors LLC’s holdings, making the stock its 25th biggest position. Alesco Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $15,481,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its stake in iShares S&P 500 Value ETF by 18,046.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after acquiring an additional 1,326,211 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of iShares S&P 500 Value ETF by 905.6% in the first quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock worth $263,498,000 after purchasing an additional 1,270,256 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth approximately $82,555,000. Envestnet Asset Management Inc. increased its stake in shares of iShares S&P 500 Value ETF by 3.5% in the second quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock worth $2,253,356,000 after acquiring an additional 420,007 shares during the last quarter. Finally, Liberty Wealth Management LLC lifted its stake in iShares S&P 500 Value ETF by 618.4% in the second quarter. Liberty Wealth Management LLC now owns 411,954 shares of the company’s stock valued at $74,980,000 after acquiring an additional 354,613 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $203.74 on Friday. The business has a 50-day moving average of $198.01 and a two-hundred day moving average of $190.42. iShares S&P 500 Value ETF has a fifty-two week low of $163.68 and a fifty-two week high of $204.00. The stock has a market capitalization of $36.50 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.