Stordahl Capital Management Inc. Sells 98 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Stordahl Capital Management Inc. lowered its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 19,980 shares of the company’s stock after selling 98 shares during the quarter. iShares S&P 500 Value ETF comprises approximately 0.9% of Stordahl Capital Management Inc.’s investment portfolio, making the stock its 17th biggest holding. Stordahl Capital Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $3,814,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its stake in iShares S&P 500 Value ETF by 18,046.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after purchasing an additional 1,326,211 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at about $82,555,000. USA Financial Formulas bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at about $77,191,000. PNC Financial Services Group Inc. boosted its position in shares of iShares S&P 500 Value ETF by 7.6% during the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after buying an additional 139,651 shares during the period. Finally, Kovitz Investment Group Partners LLC raised its position in iShares S&P 500 Value ETF by 28.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock valued at $120,955,000 after buying an additional 136,769 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $197.15 on Thursday. The stock has a market capitalization of $35.32 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52 week low of $173.01 and a 52 week high of $206.63. The stock’s 50 day moving average price is $196.30 and its two-hundred day moving average price is $194.80.

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.