Bailard Inc. Decreases Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Bailard Inc. lessened its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,904 shares of the company’s stock after selling 1,149 shares during the period. Bailard Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,070,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC raised its holdings in iShares S&P 500 Value ETF by 700.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 160 shares of the company’s stock valued at $25,000 after acquiring an additional 140 shares in the last quarter. Peoples Bank KS acquired a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter worth about $25,000. First Pacific Financial acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth about $30,000. Wetzel Investment Advisors Inc. bought a new position in iShares S&P 500 Value ETF in the 4th quarter valued at about $35,000. Finally, Sound Income Strategies LLC bought a new position in iShares S&P 500 Value ETF in the 4th quarter valued at about $35,000.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE traded down $0.11 during trading hours on Friday, hitting $180.34. 102,287 shares of the company’s stock traded hands, compared to its average volume of 956,569. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $187.24. The company’s fifty day simple moving average is $181.32 and its two-hundred day simple moving average is $171.49. The company has a market cap of $32.31 billion, a price-to-earnings ratio of 23.38 and a beta of 0.84.

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.