McKinley Carter Wealth Services Inc. Sells 11,416 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

McKinley Carter Wealth Services Inc. cut its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.0% in the 4th quarter, HoldingsChannel reports. The fund owned 273,206 shares of the company’s stock after selling 11,416 shares during the quarter. iShares S&P 500 Value ETF makes up 3.2% of McKinley Carter Wealth Services Inc.’s investment portfolio, making the stock its 8th largest position. McKinley Carter Wealth Services Inc.’s holdings in iShares S&P 500 Value ETF were worth $52,150,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Nvest Financial LLC grew its stake in shares of iShares S&P 500 Value ETF by 3.1% in the fourth quarter. Nvest Financial LLC now owns 40,149 shares of the company’s stock valued at $7,664,000 after acquiring an additional 1,215 shares in the last quarter. Asset Dedication LLC boosted its holdings in iShares S&P 500 Value ETF by 27.9% in the 4th quarter. Asset Dedication LLC now owns 5,152 shares of the company’s stock valued at $983,000 after purchasing an additional 1,125 shares during the period. Gateway Wealth Partners LLC grew its position in shares of iShares S&P 500 Value ETF by 9.2% during the 4th quarter. Gateway Wealth Partners LLC now owns 11,178 shares of the company’s stock worth $2,134,000 after purchasing an additional 945 shares in the last quarter. Signature Wealth Management Partners LLC increased its holdings in shares of iShares S&P 500 Value ETF by 8.3% during the fourth quarter. Signature Wealth Management Partners LLC now owns 65,480 shares of the company’s stock worth $12,499,000 after purchasing an additional 5,025 shares during the period. Finally, SteelPeak Wealth LLC raised its position in shares of iShares S&P 500 Value ETF by 3.6% in the fourth quarter. SteelPeak Wealth LLC now owns 79,816 shares of the company’s stock valued at $15,235,000 after buying an additional 2,809 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.3 %

Shares of IVE stock opened at $197.53 on Wednesday. The stock has a market cap of $35.39 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1 year low of $173.01 and a 1 year high of $206.63. The stock has a 50 day simple moving average of $196.30 and a 200 day simple moving average of $194.80.

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.