RTD Financial Advisors Inc. Trims Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

RTD Financial Advisors Inc. reduced its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 75,758 shares of the company’s stock after selling 1,336 shares during the period. iShares S&P 500 Value ETF accounts for about 1.9% of RTD Financial Advisors Inc.’s investment portfolio, making the stock its 14th largest position. RTD Financial Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $14,461,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC boosted its position in shares of iShares S&P 500 Value ETF by 18,046.1% in the third 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 during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at $82,555,000. USA Financial Formulas acquired a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth $77,191,000. The Manufacturers Life Insurance Company raised its position in shares of iShares S&P 500 Value ETF by 43.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 918,220 shares of the company’s stock worth $167,125,000 after buying an additional 277,110 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in iShares S&P 500 Value ETF by 7.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after acquiring an additional 139,651 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $196.15 on Friday. The business has a 50-day moving average of $196.39 and a two-hundred day moving average of $194.46. The firm has a market capitalization of $35.14 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12 month low of $173.01 and a 12 month high of $206.63.

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.