Patton Albertson Miller Group LLC Sells 754 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Patton Albertson Miller Group LLC cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,188 shares of the company’s stock after selling 754 shares during the quarter. Patton Albertson Miller Group LLC’s holdings in iShares S&P 500 Value ETF were worth $1,181,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in IVE. Hsbc Holdings PLC boosted its stake in iShares S&P 500 Value ETF by 50.3% in the 2nd quarter. Hsbc Holdings PLC now owns 5,605 shares of the company’s stock worth $1,020,000 after purchasing an additional 1,875 shares during the period. The Manufacturers Life Insurance Company boosted its position in shares of iShares S&P 500 Value ETF by 43.2% during the second quarter. The Manufacturers Life Insurance Company now owns 918,220 shares of the company’s stock worth $167,125,000 after acquiring an additional 277,110 shares during the last quarter. Clarity Asset Management Inc. grew its stake in iShares S&P 500 Value ETF by 14.7% during the second quarter. Clarity Asset Management Inc. now owns 4,632 shares of the company’s stock valued at $843,000 after acquiring an additional 593 shares in the last quarter. Raab & Moskowitz Asset Management LLC purchased a new position in iShares S&P 500 Value ETF during the second quarter valued at $203,000. Finally, Ascent Group LLC increased its holdings in iShares S&P 500 Value ETF by 28.4% in the 2nd quarter. Ascent Group LLC now owns 37,586 shares of the company’s stock valued at $6,841,000 after acquiring an additional 8,308 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 0.2 %

IVE opened at $196.15 on Friday. The company has a market capitalization of $35.14 billion, a PE ratio of 23.79 and a beta of 0.81. The firm has a 50-day simple moving average of $196.39 and a two-hundred day simple moving average of $194.46. iShares S&P 500 Value ETF has a 52 week low of $173.01 and a 52 week high of $206.63.

iShares S&P 500 Value ETF 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.