Good Life Advisors LLC trimmed its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 50.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,457 shares of the company’s stock after selling 1,483 shares during the quarter. Good Life Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $278,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 18,046.1% in the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after acquiring an additional 1,326,211 shares during the period. USA Financial Formulas purchased a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $77,191,000. PNC Financial Services Group Inc. raised its stake in shares of iShares S&P 500 Value ETF by 7.6% during the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after purchasing an additional 139,651 shares during the last quarter. Kovitz Investment Group Partners LLC raised its stake in shares of iShares S&P 500 Value ETF by 28.7% during 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 during the last quarter. Finally, World Investment Advisors LLC raised its stake in shares of iShares S&P 500 Value ETF by 1,511.5% during the third 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 last quarter.
iShares S&P 500 Value ETF Price Performance
iShares S&P 500 Value ETF stock opened at $196.39 on Friday. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The business has a 50 day simple moving average of $194.17 and a 200-day simple moving average of $195.67. The stock has a market capitalization of $35.82 billion, a PE ratio of 22.47 and a beta of 0.95.
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.
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