Birch Hill Investment Advisors LLC Cuts Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Birch Hill Investment Advisors LLC lowered its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,734 shares of the company’s stock after selling 79 shares during the period. Birch Hill Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $713,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Stifel Financial Corp raised its holdings in shares of iShares S&P 500 Value ETF by 2.5% during the third quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock valued at $490,670,000 after acquiring an additional 60,868 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of iShares S&P 500 Value ETF by 7.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after purchasing an additional 139,651 shares during the last quarter. International Assets Investment Management LLC lifted its stake in iShares S&P 500 Value ETF by 18,046.1% during the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after acquiring an additional 1,326,211 shares during the period. Huntington National Bank boosted its holdings in iShares S&P 500 Value ETF by 6.9% in the third quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock worth $206,225,000 after purchasing an additional 67,448 shares during the last quarter. Finally, Park Avenue Securities LLC grew its holdings in shares of iShares S&P 500 Value ETF by 5.8% in the fourth quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock worth $180,895,000 after acquiring an additional 51,773 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.8 %

NYSEARCA IVE opened at $194.62 on Friday. iShares S&P 500 Value ETF has a 52 week low of $173.01 and a 52 week high of $206.63. The firm has a market capitalization of $34.87 billion, a P/E ratio of 23.79 and a beta of 0.81. The company has a 50-day moving average price of $195.01 and a 200-day moving average price of $195.14.

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.