iShares S&P 500 Value ETF (NYSEARCA:IVE) Stock Position Trimmed by Strategic Point Investment Advisors LLC

Strategic Point Investment Advisors LLC reduced its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 232,194 shares of the company’s stock after selling 3,109 shares during the period. iShares S&P 500 Value ETF comprises 7.4% of Strategic Point Investment Advisors LLC’s investment portfolio, making the stock its 4th biggest position. Strategic Point Investment Advisors LLC owned approximately 0.12% of iShares S&P 500 Value ETF worth $44,251,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. Pinney & Scofield Inc. purchased a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at about $26,000. Providence First Trust Co purchased a new position in iShares S&P 500 Value ETF during the 4th quarter valued at about $31,000. Centricity Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $34,000. SJS Investment Consulting Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the 1st quarter worth about $37,000. Finally, Morse Asset Management Inc purchased a new position in iShares S&P 500 Value ETF in the fourth quarter worth about $41,000.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $189.90 on Thursday. The business has a 50-day simple moving average of $186.07 and a two-hundred day simple moving average of $190.46. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $206.63. The firm has a market cap of $38.07 billion, a price-to-earnings ratio of 20.88 and a beta of 0.89.

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.