Verus Capital Partners LLC Decreases Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Verus Capital Partners LLC decreased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 25.3% in the fourth quarter, Holdings Channel reports. The fund owned 11,081 shares of the company’s stock after selling 3,753 shares during the quarter. Verus Capital Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $2,115,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of IVE. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after purchasing an additional 76 shares during the last quarter. Kentucky Trust Co bought a new position in iShares S&P 500 Value ETF during the fourth quarter valued at $29,000. Centricity Wealth Management LLC bought a new position in iShares S&P 500 Value ETF during the fourth quarter valued at $34,000. Valued Wealth Advisors LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at $35,000. Finally, Perkins Coie Trust Co bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth about $35,000.

iShares S&P 500 Value ETF Trading Down 0.5 %

IVE stock opened at $194.58 on Friday. The stock has a market cap of $35.49 billion, a PE ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The company has a 50-day moving average price of $194.38 and a 200 day moving average price of $196.08.

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.