Flputnam Investment Management Co. Reduces Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Flputnam Investment Management Co. lessened its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 71.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,278 shares of the company’s stock after selling 5,632 shares during the quarter. Flputnam Investment Management Co.’s holdings in iShares S&P 500 Value ETF were worth $435,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Stifel Financial Corp lifted its position in iShares S&P 500 Value ETF by 2.5% in the third quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock valued at $490,670,000 after acquiring an additional 60,868 shares during the last quarter. PNC Financial Services Group Inc. increased its position 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 in the last quarter. Huntington National Bank lifted its holdings in shares of iShares S&P 500 Value ETF by 6.9% in the 3rd quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock valued at $206,225,000 after purchasing an additional 67,448 shares during the last quarter. Park Avenue Securities LLC boosted its position in shares of iShares S&P 500 Value ETF by 5.8% in the 4th quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock valued at $180,895,000 after purchasing an additional 51,773 shares during the period. Finally, MAI Capital Management grew its stake in iShares S&P 500 Value ETF by 1.8% during the 3rd quarter. MAI Capital Management now owns 754,586 shares of the company’s stock worth $148,782,000 after buying an additional 13,079 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.9 %

Shares of NYSEARCA IVE opened at $195.36 on Tuesday. The stock has a market cap of $35.63 billion, a P/E ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a twelve month low of $176.09 and a twelve month high of $206.63. The stock has a 50 day moving average of $194.55 and a two-hundred day moving average of $196.33.

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.