Trifecta Capital Advisors LLC lessened its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 54.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,187 shares of the company’s stock after selling 1,422 shares during the quarter. Trifecta Capital Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $227,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Pine Valley Investments Ltd Liability Co increased its stake in shares of iShares S&P 500 Value ETF by 32.5% in the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 3,755 shares of the company’s stock valued at $717,000 after acquiring an additional 920 shares during the last quarter. Prasad Wealth Partners LLC bought a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $502,000. Crestwood Advisors Group LLC increased its stake in iShares S&P 500 Value ETF by 5.0% in the fourth quarter. Crestwood Advisors Group LLC now owns 10,098 shares of the company’s stock valued at $1,928,000 after purchasing an additional 479 shares in the last quarter. IFP Advisors Inc raised its holdings in iShares S&P 500 Value ETF by 0.6% in the fourth quarter. IFP Advisors Inc now owns 29,264 shares of the company’s stock worth $5,586,000 after purchasing an additional 172 shares during the period. Finally, Capital Advisors Ltd. LLC boosted its position in shares of iShares S&P 500 Value ETF by 2.1% during the fourth quarter. Capital Advisors Ltd. LLC now owns 40,300 shares of the company’s stock worth $7,693,000 after purchasing an additional 846 shares in the last quarter.
iShares S&P 500 Value ETF Stock Up 0.1 %
Shares of IVE stock opened at $196.65 on Tuesday. The firm has a market capitalization of $35.87 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a 12-month low of $176.09 and a 12-month high of $206.63. The firm has a fifty day moving average of $194.13 and a 200-day moving average of $196.02.
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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