World Investment Advisors Sells 103,915 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

World Investment Advisors trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 92.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,388 shares of the company’s stock after selling 103,915 shares during the quarter. World Investment Advisors’ holdings in iShares S&P 500 Value ETF were worth $1,601,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. DKM Wealth Management Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $205,000. Huntington National Bank grew its holdings in iShares S&P 500 Value ETF by 4.6% during the fourth quarter. Huntington National Bank now owns 1,094,262 shares of the company’s stock valued at $208,873,000 after purchasing an additional 48,336 shares during the period. May Hill Capital LLC purchased a new stake in iShares S&P 500 Value ETF in the fourth quarter worth about $453,000. Headlands Technologies LLC raised its stake in shares of iShares S&P 500 Value ETF by 780.9% in the fourth quarter. Headlands Technologies LLC now owns 1,656 shares of the company’s stock worth $316,000 after buying an additional 1,468 shares during the period. Finally, StoneX Group Inc. bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $7,856,000.

iShares S&P 500 Value ETF Trading Down 5.8 %

Shares of NYSEARCA:IVE opened at $172.67 on Friday. The stock has a 50 day moving average of $193.16 and a 200 day moving average of $195.67. The company has a market cap of $33.62 billion, a PE ratio of 21.80 and a beta of 0.94. iShares S&P 500 Value ETF has a 12-month low of $172.56 and a 12-month high of $206.63.

iShares S&P 500 Value ETF Company 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.