Archer Investment Corp Has $107,000 Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Archer Investment Corp lessened its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 12.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 618 shares of the company’s stock after selling 84 shares during the quarter. Archer Investment Corp’s holdings in iShares S&P 500 Value ETF were worth $107,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in IVE. Ironwood Wealth Management LLC. grew its position in shares of iShares S&P 500 Value ETF by 4.5% during the 1st quarter. Ironwood Wealth Management LLC. now owns 100,433 shares of the company’s stock worth $15,853,000 after purchasing an additional 4,361 shares in the last quarter. Axiom Financial Strategies LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $286,000. Retirement Income Solutions Inc grew its position in shares of iShares S&P 500 Value ETF by 10.6% during the 1st quarter. Retirement Income Solutions Inc now owns 15,400 shares of the company’s stock worth $2,398,000 after purchasing an additional 1,473 shares in the last quarter. Blair William & Co. IL boosted its position in shares of iShares S&P 500 Value ETF by 17.0% during the 1st quarter. Blair William & Co. IL now owns 10,240 shares of the company’s stock worth $1,595,000 after acquiring an additional 1,485 shares in the last quarter. Finally, Prudential PLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $389,000.

iShares S&P 500 Value ETF Trading Down 0.1 %

NYSEARCA IVE opened at $176.58 on Thursday. The firm has a market capitalization of $31.69 billion, a price-to-earnings ratio of 23.70 and a beta of 0.87. The firm’s 50 day simple moving average is $180.87 and its 200 day simple moving average is $170.47. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $187.24.

iShares S&P 500 Value ETF Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report).

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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