N.E.W. Advisory Services LLC Lowers Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

N.E.W. Advisory Services LLC lowered its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,555 shares of the company’s stock after selling 100 shares during the quarter. N.E.W. Advisory Services LLC’s holdings in iShares S&P 500 Value ETF were worth $869,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IVE. Thurston Springer Miller Herd & Titak Inc. boosted its position in iShares S&P 500 Value ETF by 100.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after purchasing an additional 76 shares in the last quarter. Northwest Investment Counselors LLC purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $31,000. Valued Wealth Advisors LLC purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $35,000. Perkins Coie Trust Co purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $35,000. Finally, Copley Financial Group Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $36,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $196.17 on Friday. iShares S&P 500 Value ETF has a one year low of $173.01 and a one year high of $206.63. The stock has a market cap of $35.14 billion, a PE ratio of 23.79 and a beta of 0.81. The stock has a 50 day moving average price of $196.15 and a 200 day moving average price of $194.83.

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.