iShares S&P 500 Value ETF (NYSEARCA:IVE) Stock Position Decreased by Archer Investment Corp

Archer Investment Corp cut its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 12.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 618 shares of the company’s stock after selling 84 shares during the quarter. Archer Investment Corp’s holdings in iShares S&P 500 Value ETF were worth $107,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Ellis Investment Partners LLC boosted its stake in shares of iShares S&P 500 Value ETF by 0.4% during the 4th quarter. Ellis Investment Partners LLC now owns 15,815 shares of the company’s stock worth $2,750,000 after acquiring an additional 63 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 4.2% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,619 shares of the company’s stock valued at $261,000 after purchasing an additional 65 shares in the last quarter. Cadinha & Co. LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 1.0% in the third quarter. Cadinha & Co. LLC now owns 6,360 shares of the company’s stock valued at $978,000 after purchasing an additional 66 shares in the last quarter. Trifecta Capital Advisors LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 2.0% in the fourth quarter. Trifecta Capital Advisors LLC now owns 3,401 shares of the company’s stock valued at $591,000 after purchasing an additional 66 shares in the last quarter. Finally, Certified Advisory Corp lifted its holdings in shares of iShares S&P 500 Value ETF by 1.2% in the first quarter. Certified Advisory Corp now owns 5,528 shares of the company’s stock valued at $839,000 after purchasing an additional 68 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.1 %

IVE opened at $176.58 on Thursday. The stock has a fifty day moving average of $180.87 and a 200-day moving average of $170.47. The firm has a market capitalization of $31.69 billion, a P/E ratio of 23.70 and a beta of 0.87. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $187.24.

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.