iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Sterling Investment Advisors LLC ADV

Sterling Investment Advisors LLC ADV reduced its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,897 shares of the company’s stock after selling 1,946 shares during the period. iShares S&P 500 Value ETF comprises about 3.1% of Sterling Investment Advisors LLC ADV’s portfolio, making the stock its 12th biggest holding. Sterling Investment Advisors LLC ADV’s holdings in iShares S&P 500 Value ETF were worth $5,325,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in IVE. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of 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 buying an additional 76 shares in the last quarter. Northwest Investment Counselors LLC purchased a new position in iShares S&P 500 Value ETF during the third quarter valued at $31,000. Valued Wealth Advisors LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth about $35,000. Copley Financial Group Inc. purchased a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at about $36,000. Finally, Hobbs Group Advisors LLC acquired a new stake in iShares S&P 500 Value ETF in the 3rd quarter worth about $40,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $192.70 on Thursday. iShares S&P 500 Value ETF has a 1-year low of $170.13 and a 1-year high of $206.63. The company has a market cap of $34.52 billion, a PE ratio of 23.79 and a beta of 0.81. The stock’s 50 day simple moving average is $197.41 and its 200-day simple moving average is $193.90.

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.