Dorsey Wright & Associates Has $2.83 Million Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Dorsey Wright & Associates lessened its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,848 shares of the company’s stock after selling 231 shares during the period. Dorsey Wright & Associates’ holdings in iShares S&P 500 Value ETF were worth $2,834,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in IVE. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of iShares S&P 500 Value ETF by 100.0% in 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 during the last quarter. Kentucky Trust Co purchased a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at $29,000. Providence First Trust Co bought a new position in iShares S&P 500 Value ETF during the 4th quarter valued at $31,000. Centricity Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at about $34,000. Finally, Perkins Coie Trust Co purchased a new position in iShares S&P 500 Value ETF during the fourth quarter worth about $35,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $188.79 on Friday. The firm has a market cap of $36.76 billion, a price-to-earnings ratio of 21.80 and a beta of 0.94. The firm has a 50-day moving average price of $194.16 and a two-hundred day moving average price of $195.97. iShares S&P 500 Value ETF has a 52 week low of $176.09 and a 52 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.