Ironwood Financial llc Cuts Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Ironwood Financial llc lowered its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 97,722 shares of the company’s stock after selling 6,278 shares during the quarter. iShares S&P 500 Value ETF comprises 3.9% of Ironwood Financial llc’s portfolio, making the stock its 3rd largest holding. Ironwood Financial llc owned approximately 0.05% of iShares S&P 500 Value ETF worth $18,653,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of 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 worth $29,000 after buying an additional 76 shares during the period. Northwest Investment Counselors LLC acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter worth $31,000. Valued Wealth Advisors LLC bought a new stake in iShares S&P 500 Value ETF during the third quarter valued at about $35,000. Perkins Coie Trust Co acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at about $35,000. Finally, Copley Financial Group Inc. acquired a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at about $36,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $194.09 on Monday. The stock has a 50-day simple moving average of $196.93 and a 200 day simple moving average of $194.15. iShares S&P 500 Value ETF has a twelve month low of $170.13 and a twelve month high of $206.63. The stock has a market capitalization of $34.77 billion, a PE ratio of 23.79 and a beta of 0.81.

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.