Eldridge Investment Advisors Inc. Decreases Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Eldridge Investment Advisors Inc. cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,279 shares of the company’s stock after selling 85 shares during the quarter. Eldridge Investment Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,580,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in IVE. Assetmark Inc. raised its stake in shares of iShares S&P 500 Value ETF by 16.9% during the third quarter. Assetmark Inc. now owns 857 shares of the company’s stock worth $169,000 after acquiring an additional 124 shares in the last quarter. Curi RMB Capital LLC increased its stake in shares of iShares S&P 500 Value ETF by 66.1% in the third quarter. Curi RMB Capital LLC now owns 6,014 shares of the company’s stock worth $1,186,000 after buying an additional 2,393 shares during the period. KCM Investment Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF by 3.7% in the third quarter. KCM Investment Advisors LLC now owns 2,074 shares of the company’s stock worth $409,000 after buying an additional 74 shares during the period. Evolution Wealth Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF by 40.2% in the third quarter. Evolution Wealth Advisors LLC now owns 1,983 shares of the company’s stock worth $391,000 after buying an additional 569 shares during the period. Finally, Natixis Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF by 5.2% in the third quarter. Natixis Advisors LLC now owns 30,156 shares of the company’s stock worth $5,946,000 after buying an additional 1,484 shares during the period.

iShares S&P 500 Value ETF Stock Up 1.6 %

Shares of NYSEARCA IVE opened at $188.81 on Friday. iShares S&P 500 Value ETF has a 52 week low of $176.09 and a 52 week high of $206.63. The firm’s fifty day moving average is $194.27 and its 200 day moving average is $196.20. The company has a market cap of $36.68 billion, a price-to-earnings ratio of 22.06 and a beta of 0.94.

iShares S&P 500 Value ETF 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.