Mutual Advisors LLC reduced its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 12.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,598 shares of the company’s stock after selling 6,168 shares during the period. Mutual Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $8,599,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. NBC Securities Inc. increased its position in shares of iShares S&P 500 Value ETF by 33.3% during the third quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock valued at $423,000 after buying an additional 536 shares during the period. Ausdal Financial Partners Inc. increased its holdings in iShares S&P 500 Value ETF by 81.0% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock worth $9,110,000 after acquiring an additional 20,674 shares during the period. Concourse Financial Group Securities Inc. lifted its stake in iShares S&P 500 Value ETF by 7.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock worth $10,501,000 after purchasing an additional 3,500 shares in the last quarter. Cornell Pochily Investment Advisors Inc. boosted its holdings in iShares S&P 500 Value ETF by 31.3% in the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 3,060 shares of the company’s stock valued at $603,000 after purchasing an additional 730 shares during the period. Finally, High Falls Advisors Inc grew its position in shares of iShares S&P 500 Value ETF by 3.1% during the 2nd quarter. High Falls Advisors Inc now owns 74,353 shares of the company’s stock valued at $13,533,000 after purchasing an additional 2,223 shares in the last quarter.
iShares S&P 500 Value ETF Stock Performance
NYSEARCA:IVE opened at $195.41 on Thursday. The firm has a market capitalization of $35.01 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The stock has a fifty day moving average of $196.65 and a 200 day moving average of $194.33. iShares S&P 500 Value ETF has a 52-week low of $172.85 and a 52-week high of $206.63.
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.
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