Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Trims Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA decreased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 17.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 2,272 shares of the company’s stock after selling 465 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in iShares S&P 500 Value ETF were worth $450,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in IVE. International Assets Investment Management LLC lifted its holdings in iShares S&P 500 Value ETF by 18,046.1% in the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after buying an additional 1,326,211 shares during the period. USA Financial Formulas bought a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $77,191,000. PNC Financial Services Group Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 7.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after purchasing an additional 139,651 shares during the period. Kovitz Investment Group Partners LLC boosted its position in shares of iShares S&P 500 Value ETF by 28.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock valued at $120,955,000 after purchasing an additional 136,769 shares in the last quarter. Finally, World Investment Advisors LLC grew its stake in iShares S&P 500 Value ETF by 1,511.5% in the third quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock worth $22,220,000 after purchasing an additional 105,334 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.8 %

IVE opened at $194.62 on Monday. iShares S&P 500 Value ETF has a 12-month low of $173.01 and a 12-month high of $206.63. The company has a market cap of $34.87 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The stock has a fifty day simple moving average of $195.01 and a two-hundred day simple moving average of $195.20.

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.