Pathway Financial Advisors LLC Sells 125 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Pathway Financial Advisors LLC decreased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 29,387 shares of the company’s stock after selling 125 shares during the period. iShares S&P 500 Value ETF accounts for 1.3% of Pathway Financial Advisors LLC’s portfolio, making the stock its 17th largest position. Pathway Financial Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $5,609,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. International Assets Investment Management LLC increased its stake 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 worth $262,938,000 after buying an additional 1,326,211 shares during the period. USA Financial Formulas bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $77,191,000. PNC Financial Services Group Inc. boosted its holdings 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 valued at $389,537,000 after purchasing an additional 139,651 shares during the period. Kovitz Investment Group Partners LLC grew its stake in iShares S&P 500 Value ETF by 28.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock worth $120,955,000 after purchasing an additional 136,769 shares in the last quarter. Finally, World Investment Advisors LLC increased its holdings in iShares S&P 500 Value ETF by 1,511.5% during the 3rd quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock worth $22,220,000 after purchasing an additional 105,334 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.2 %

Shares of NYSEARCA IVE opened at $196.62 on Monday. iShares S&P 500 Value ETF has a twelve month low of $175.71 and a twelve month high of $206.63. The business has a fifty day simple moving average of $194.31 and a two-hundred day simple moving average of $195.46. The firm has a market cap of $35.22 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.