iShares S&P 500 Value ETF (NYSEARCA:IVE) Position Reduced by Signaturefd LLC

Signaturefd LLC lowered its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 3,258 shares of the company’s stock after selling 54 shares during the period. Signaturefd LLC’s holdings in iShares S&P 500 Value ETF were worth $622,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. bought a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at $311,273,000. USA Financial Formulas acquired a new position in iShares S&P 500 Value ETF during the 4th quarter valued at about $77,191,000. Davis Selected Advisers increased its stake in shares of iShares S&P 500 Value ETF by 1,452.8% in the fourth quarter. Davis Selected Advisers now owns 197,175 shares of the company’s stock valued at $37,637,000 after purchasing an additional 184,477 shares during the period. PNC Financial Services Group Inc. grew its holdings in iShares S&P 500 Value ETF by 8.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock worth $408,993,000 after buying an additional 167,028 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC raised its stake in iShares S&P 500 Value ETF by 28.7% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock valued at $120,955,000 after acquiring an additional 136,769 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.6 %

Shares of NYSEARCA IVE opened at $190.54 on Thursday. The firm’s 50-day simple moving average is $194.22 and its 200 day simple moving average is $196.11. The stock has a market cap of $37.01 billion, a P/E ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a fifty-two week low of $176.09 and a fifty-two week 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.