Robertson Stephens Wealth Management LLC Sells 18,702 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Robertson Stephens Wealth Management LLC cut its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 31.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,438 shares of the company’s stock after selling 18,702 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $7,910,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Money Concepts Capital Corp bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at $2,370,000. Lion Street Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 18.4% in the fourth quarter. Lion Street Advisors LLC now owns 2,851 shares of the company’s stock valued at $544,000 after buying an additional 444 shares in the last quarter. Berkshire Money Management Inc. grew its stake in shares of iShares S&P 500 Value ETF by 0.9% in the fourth quarter. Berkshire Money Management Inc. now owns 206,526 shares of the company’s stock valued at $39,422,000 after buying an additional 1,929 shares in the last quarter. Stratos Wealth Partners LTD. grew its stake in shares of iShares S&P 500 Value ETF by 7.8% in the fourth quarter. Stratos Wealth Partners LTD. now owns 127,806 shares of the company’s stock valued at $24,396,000 after buying an additional 9,265 shares in the last quarter. Finally, Yousif Capital Management LLC grew its stake in shares of iShares S&P 500 Value ETF by 274.4% in the fourth quarter. Yousif Capital Management LLC now owns 7,777 shares of the company’s stock valued at $1,484,000 after buying an additional 5,700 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $196.47 on Thursday. The business has a fifty day simple moving average of $195.61 and a two-hundred day simple moving average of $195.08. iShares S&P 500 Value ETF has a 1 year low of $173.01 and a 1 year high of $206.63. The company has a market capitalization of $35.20 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.