Corebridge Financial Inc. Has $17.81 Million Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Corebridge Financial Inc. lessened its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 29.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 93,300 shares of the company’s stock after selling 39,000 shares during the quarter. Corebridge Financial Inc.’s holdings in iShares S&P 500 Value ETF were worth $17,809,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after purchasing an additional 76 shares in the last quarter. Kentucky Trust Co acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at approximately $29,000. Providence First Trust Co acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at approximately $31,000. Centricity Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth approximately $34,000. Finally, Perkins Coie Trust Co acquired a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth approximately $35,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $191.82 on Tuesday. The company’s 50 day simple moving average is $194.28 and its 200 day simple moving average is $196.03. iShares S&P 500 Value ETF has a 1 year low of $176.09 and a 1 year high of $206.63. The stock has a market capitalization of $37.35 billion, a price-to-earnings ratio of 21.80 and a beta of 0.94.

iShares S&P 500 Value ETF Company 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.