iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Investment Partners LTD.

Investment Partners LTD. cut its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,882 shares of the company’s stock after selling 56 shares during the period. iShares S&P 500 Value ETF accounts for approximately 1.9% of Investment Partners LTD.’s investment portfolio, making the stock its 15th largest holding. Investment Partners LTD.’s holdings in iShares S&P 500 Value ETF were worth $4,559,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. LexAurum Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF by 47.2% in the 4th quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock worth $734,000 after acquiring an additional 1,233 shares during the period. Financial Synergies Wealth Advisors Inc. grew its position in iShares S&P 500 Value ETF by 0.6% in the 4th quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock worth $5,480,000 after purchasing an additional 160 shares during the last quarter. DAVENPORT & Co LLC increased its stake in shares of iShares S&P 500 Value ETF by 10.9% in the fourth quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock valued at $722,000 after purchasing an additional 372 shares during the period. Equitable Trust Co. bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $5,806,000. Finally, Empowered Funds LLC acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $133,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $197.20 on Monday. The business has a 50 day simple moving average of $194.49 and a 200 day simple moving average of $196.29. The firm has a market capitalization of $35.97 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a 12-month low of $176.09 and a 12-month high of $206.63.

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.