HB Wealth Management LLC Reduces Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

HB Wealth Management LLC reduced its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,288 shares of the company’s stock after selling 687 shares during the period. HB Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $9,026,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Stifel Financial Corp increased its stake in iShares S&P 500 Value ETF by 2.5% in the third quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock valued at $490,670,000 after purchasing an additional 60,868 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of iShares S&P 500 Value ETF by 7.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after buying an additional 139,651 shares during the last quarter. International Assets Investment Management LLC raised its stake in iShares S&P 500 Value ETF by 18,046.1% during the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after acquiring an additional 1,326,211 shares in the last quarter. Huntington National Bank lifted its position in iShares S&P 500 Value ETF by 6.9% in the third quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock valued at $206,225,000 after acquiring an additional 67,448 shares during the last quarter. Finally, Park Avenue Securities LLC grew its holdings in shares of iShares S&P 500 Value ETF by 5.8% during the fourth quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock worth $180,895,000 after purchasing an additional 51,773 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $194.09 on Friday. The company has a market capitalization of $34.77 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a fifty-two week low of $170.13 and a fifty-two week high of $206.63. The stock has a 50-day simple moving average of $196.93 and a 200-day simple moving average of $194.06.

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.