Maiden Cove Capital LLC Trims Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Maiden Cove Capital LLC lessened its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,124 shares of the company’s stock after selling 86 shares during the quarter. Maiden Cove Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $405,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after buying an additional 76 shares during the last quarter. Kentucky Trust Co acquired a new position in iShares S&P 500 Value ETF in the 4th quarter valued at $29,000. Providence First Trust Co purchased a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth $31,000. Centricity Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at $34,000. Finally, Perkins Coie Trust Co acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at $35,000.

iShares S&P 500 Value ETF Trading Up 1.6 %

Shares of NYSEARCA:IVE opened at $188.81 on Friday. The firm has a market cap of $36.68 billion, a price-to-earnings ratio of 22.06 and a beta of 0.94. The stock’s 50-day moving average price is $194.27 and its two-hundred day moving average price is $196.19. 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.