iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by ETF Portfolio Partners Inc.

ETF Portfolio Partners Inc. cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 24.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 82,443 shares of the company’s stock after selling 26,116 shares during the quarter. iShares S&P 500 Value ETF accounts for 4.7% of ETF Portfolio Partners Inc.’s investment portfolio, making the stock its 7th largest position. ETF Portfolio Partners Inc.’s holdings in iShares S&P 500 Value ETF were worth $15,737,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IVE. SWP Financial LLC boosted its stake in shares of iShares S&P 500 Value ETF by 0.4% in the 4th quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock valued at $2,443,000 after buying an additional 54 shares during the period. Clarendon Private LLC purchased a new position in iShares S&P 500 Value ETF in the fourth quarter worth approximately $394,000. Flagship Private Wealth LLC grew its holdings in iShares S&P 500 Value ETF by 8.6% during the 4th quarter. Flagship Private Wealth LLC now owns 3,865 shares of the company’s stock worth $738,000 after acquiring an additional 307 shares in the last quarter. Rockwood Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at approximately $323,000. Finally, First Citizens Bank & Trust Co. raised its holdings in shares of iShares S&P 500 Value ETF by 15.3% in the 4th quarter. First Citizens Bank & Trust Co. now owns 18,703 shares of the company’s stock valued at $3,570,000 after purchasing an additional 2,487 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.2 %

Shares of IVE stock opened at $196.15 on Monday. The company has a market cap of $35.14 billion, a P/E ratio of 23.79 and a beta of 0.81. The firm has a fifty day moving average price of $196.39 and a 200 day moving average price of $194.55. iShares S&P 500 Value ETF has a 12 month low of $173.01 and a 12 month high of $206.63.

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.