iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 54,698 shares of the company’s stock after selling 499 shares during the quarter. Parallel Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $10,441,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp boosted its holdings 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. lifted its stake in shares of iShares S&P 500 Value ETF by 8.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock worth $408,993,000 after purchasing an additional 167,028 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $311,273,000. Envestnet Portfolio Solutions Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 3.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,527,973 shares of the company’s stock worth $291,659,000 after purchasing an additional 49,640 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in shares of iShares S&P 500 Value ETF by 8.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 999,059 shares of the company’s stock worth $190,700,000 after purchasing an additional 73,706 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $188.81 on Monday. The stock’s 50-day moving average is $194.27 and its two-hundred day moving average is $196.22. The stock has a market cap of $36.68 billion, a PE ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month 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.