Financial Counselors Inc. Sells 112 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Financial Counselors Inc. decreased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,359 shares of the company’s stock after selling 112 shares during the period. Financial Counselors Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,168,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. LexAurum Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 47.2% during the 4th quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock valued at $734,000 after acquiring an additional 1,233 shares during the period. Financial Synergies Wealth Advisors Inc. boosted its holdings in iShares S&P 500 Value ETF by 0.6% in the fourth quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock worth $5,480,000 after purchasing an additional 160 shares during the last quarter. DAVENPORT & Co LLC grew its position in iShares S&P 500 Value ETF by 10.9% in the 4th quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock worth $722,000 after purchasing an additional 372 shares during the period. Equitable Trust Co. purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at $5,806,000. Finally, Empowered Funds LLC bought a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $133,000.

iShares S&P 500 Value ETF Price Performance

IVE stock opened at $191.65 on Friday. iShares S&P 500 Value ETF has a 1 year low of $176.09 and a 1 year high of $206.63. The company has a market cap of $37.31 billion, a P/E ratio of 21.80 and a beta of 0.94. The stock’s fifty day moving average price is $194.26 and its 200-day moving average price is $195.98.

About iShares S&P 500 Value ETF

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.