Beacon Pointe Advisors LLC Sells 127 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Beacon Pointe Advisors LLC lessened its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 83,547 shares of the company’s stock after selling 127 shares during the period. Beacon Pointe Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $15,947,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Oak Wealth Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth $203,000. Prosperity Consulting Group LLC grew its position in iShares S&P 500 Value ETF by 32.3% in the fourth quarter. Prosperity Consulting Group LLC now owns 1,634 shares of the company’s stock valued at $312,000 after purchasing an additional 399 shares in the last quarter. Capital Analysts LLC grew its position in iShares S&P 500 Value ETF by 2.7% in the fourth quarter. Capital Analysts LLC now owns 56,840 shares of the company’s stock valued at $10,850,000 after purchasing an additional 1,484 shares in the last quarter. Hancock Whitney Corp grew its position in iShares S&P 500 Value ETF by 49.0% in the fourth quarter. Hancock Whitney Corp now owns 35,798 shares of the company’s stock valued at $6,833,000 after purchasing an additional 11,780 shares in the last quarter. Finally, Evercore Wealth Management LLC grew its position in iShares S&P 500 Value ETF by 19.3% in the fourth quarter. Evercore Wealth Management LLC now owns 17,362 shares of the company’s stock valued at $3,314,000 after purchasing an additional 2,812 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $182.50 on Tuesday. The stock has a market cap of $35.82 billion, a P/E ratio of 20.32 and a beta of 0.88. The company has a fifty day moving average price of $186.25 and a two-hundred day moving average price of $193.28. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year 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.