Broadview Financial Management LLC Has $10.81 Million Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Broadview Financial Management LLC decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,628 shares of the company’s stock after selling 3,845 shares during the quarter. iShares S&P 500 Value ETF makes up 7.7% of Broadview Financial Management LLC’s portfolio, making the stock its 3rd biggest position. Broadview Financial Management LLC’s holdings in iShares S&P 500 Value ETF were worth $10,809,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Bank of Stockton grew its stake in shares of iShares S&P 500 Value ETF by 3.5% in the fourth quarter. Bank of Stockton now owns 54,261 shares of the company’s stock worth $10,357,000 after acquiring an additional 1,854 shares during the last quarter. Lane & Associates LLC grew its stake in shares of iShares S&P 500 Value ETF by 9.6% in the fourth quarter. Lane & Associates LLC now owns 14,116 shares of the company’s stock worth $2,769,000 after acquiring an additional 1,237 shares during the last quarter. Compass Capital Corp MA ADV purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth $6,209,000. Timonier Family Office LTD. purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth $300,000. Finally, Centricity Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth $34,000.

iShares S&P 500 Value ETF Trading Down 1.0 %

NYSEARCA IVE opened at $196.39 on Friday. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The stock has a market cap of $35.82 billion, a P/E ratio of 22.47 and a beta of 0.95. The stock’s fifty day moving average price is $194.17 and its 200-day moving average price is $195.67.

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.