Arcadia Investment Advisors LLC Lowers Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Arcadia Investment Advisors LLC decreased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,557 shares of the company’s stock after selling 1,140 shares during the quarter. iShares S&P 500 Value ETF makes up 2.5% of Arcadia Investment Advisors LLC’s holdings, making the stock its 17th largest position. Arcadia Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $4,497,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Catalina Capital Group LLC boosted its position in iShares S&P 500 Value ETF by 8.4% during the fourth quarter. Catalina Capital Group LLC now owns 3,803 shares of the company’s stock worth $726,000 after purchasing an additional 295 shares in the last quarter. JB Capital LLC boosted its position in iShares S&P 500 Value ETF by 6.0% during the fourth quarter. JB Capital LLC now owns 322,652 shares of the company’s stock worth $61,588,000 after purchasing an additional 18,373 shares in the last quarter. Alterna Wealth Management Inc. boosted its position in iShares S&P 500 Value ETF by 2.9% during the fourth quarter. Alterna Wealth Management Inc. now owns 2,433 shares of the company’s stock worth $464,000 after purchasing an additional 69 shares in the last quarter. Horst & Graben Wealth Management LLC boosted its position in iShares S&P 500 Value ETF by 1.7% during the fourth quarter. Horst & Graben Wealth Management LLC now owns 70,608 shares of the company’s stock worth $13,478,000 after purchasing an additional 1,191 shares in the last quarter. Finally, Sutton Place Investors LLC boosted its position in iShares S&P 500 Value ETF by 3.5% during the fourth quarter. Sutton Place Investors LLC now owns 6,225 shares of the company’s stock worth $1,188,000 after purchasing an additional 208 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $196.17 on Monday. The business has a 50 day simple moving average of $196.00 and a two-hundred day simple moving average of $194.97. iShares S&P 500 Value ETF has a 12 month low of $173.01 and a 12 month high of $206.63. The stock has a market capitalization of $35.14 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.