iShares S&P 500 Value ETF (NYSEARCA:IVE) Stock Position Trimmed by Sterling Investment Counsel LLC

Sterling Investment Counsel LLC decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 51.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,079 shares of the company’s stock after selling 5,471 shares during the period. iShares S&P 500 Value ETF makes up approximately 0.6% of Sterling Investment Counsel LLC’s holdings, making the stock its 28th biggest position. Sterling Investment Counsel LLC’s holdings in iShares S&P 500 Value ETF were worth $970,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in IVE. International Assets Investment Management LLC increased its position in iShares S&P 500 Value ETF by 18,046.1% in 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. Sanctuary Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the second quarter valued at about $82,555,000. USA Financial Formulas acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter worth about $77,191,000. PNC Financial Services Group Inc. grew its position in iShares S&P 500 Value ETF by 7.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after buying an additional 139,651 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC increased its stake in iShares S&P 500 Value ETF by 28.7% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock valued at $120,955,000 after buying an additional 136,769 shares during the period.

iShares S&P 500 Value ETF Trading Up 1.0 %

Shares of NYSEARCA:IVE opened at $198.12 on Tuesday. The company has a 50 day moving average of $196.39 and a 200-day moving average of $194.62. The firm has a market cap of $35.49 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a twelve month low of $173.01 and a twelve 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.