Absolute Capital Management LLC Has $785,000 Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Absolute Capital Management LLC lowered its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 15.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,114 shares of the company’s stock after selling 780 shares during the quarter. Absolute Capital Management LLC’s holdings in iShares S&P 500 Value ETF were worth $785,000 at the end of the most recent quarter.

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

iShares S&P 500 Value ETF Stock Down 0.2 %

Shares of NYSEARCA:IVE opened at $190.09 on Friday. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The company’s 50-day moving average price is $194.20 and its two-hundred day moving average price is $196.06. The firm has a market cap of $36.92 billion, a P/E ratio of 22.06 and a beta of 0.94.

iShares S&P 500 Value ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report).

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

Receive News & Ratings for iShares S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.