Pinnacle Bancorp Inc. Sells 149 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Pinnacle Bancorp Inc. reduced its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,434 shares of the company’s stock after selling 149 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 1.4% of Pinnacle Bancorp Inc.’s holdings, making the stock its 13th biggest position. Pinnacle Bancorp Inc.’s holdings in iShares S&P 500 Value ETF were worth $4,282,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after purchasing an additional 76 shares during the last quarter. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth $31,000. Valued Wealth Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth $35,000. Copley Financial Group Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $36,000. Finally, Hobbs Group Advisors LLC bought a new position in iShares S&P 500 Value ETF during the 3rd quarter worth $40,000.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $192.70 on Thursday. The firm has a market cap of $34.52 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a one year low of $170.13 and a one year high of $206.63. The stock’s 50-day moving average is $197.41 and its 200 day moving average is $193.90.

iShares S&P 500 Value ETF Company 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.