Belpointe Asset Management LLC Cuts Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Belpointe Asset Management LLC lessened its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,275 shares of the company’s stock after selling 550 shares during the quarter. Belpointe Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $1,949,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of IVE. Matthew Goff Investment Advisor LLC lifted its position in shares of iShares S&P 500 Value ETF by 16,161.0% during the 3rd quarter. Matthew Goff Investment Advisor LLC now owns 1,587,561 shares of the company’s stock worth $9,763,000 after buying an additional 1,577,798 shares during the period. Morgan Stanley raised its position in iShares S&P 500 Value ETF by 10.6% in the 3rd quarter. Morgan Stanley now owns 10,586,449 shares of the company’s stock valued at $1,226,334,000 after purchasing an additional 1,014,231 shares during the last quarter. BlackRock Inc. increased its stake in shares of iShares S&P 500 Value ETF by 85.6% in the 4th quarter. BlackRock Inc. now owns 848,625 shares of the company’s stock valued at $85,830,000 after buying an additional 391,315 shares during the period. Advisor Group Inc. increased its stake in shares of iShares S&P 500 Value ETF by 59.7% in the 4th quarter. Advisor Group Inc. now owns 1,036,247 shares of the company’s stock valued at $104,878,000 after buying an additional 387,310 shares during the period. Finally, Bank of America Corp DE increased its stake in shares of iShares S&P 500 Value ETF by 4.3% in the 4th quarter. Bank of America Corp DE now owns 7,133,538 shares of the company’s stock valued at $721,487,000 after buying an additional 294,698 shares during the period.

Shares of NYSEARCA IVE traded up $0.09 during midday trading on Friday, hitting $116.47. The stock had a trading volume of 413,886 shares, compared to its average volume of 1,123,490. iShares S&P 500 Value ETF has a fifty-two week low of $94.72 and a fifty-two week high of $118.81.

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 21st were paid a $0.6411 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $2.56 annualized dividend and a dividend yield of 2.20%.

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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.

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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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