Benchmark Investment Advisors LLC Sells 705 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Benchmark Investment Advisors LLC lowered its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 14.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,285 shares of the company’s stock after selling 705 shares during the period. Benchmark Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $818,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after buying an additional 76 shares during the period. Kentucky Trust Co acquired a new position in iShares S&P 500 Value ETF in the 4th quarter valued at $29,000. Providence First Trust Co bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $31,000. Centricity Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth $34,000. Finally, Perkins Coie Trust Co bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth $35,000.

iShares S&P 500 Value ETF Stock Down 5.8 %

IVE opened at $172.67 on Friday. The stock has a market capitalization of $33.62 billion, a price-to-earnings ratio of 21.80 and a beta of 0.94. iShares S&P 500 Value ETF has a twelve month low of $172.56 and a twelve month high of $206.63. The company has a 50-day simple moving average of $193.16 and a 200 day simple moving average of $195.67.

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.