Eldridge Investment Advisors Inc. Sells 85 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Eldridge Investment Advisors Inc. reduced its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,279 shares of the company’s stock after selling 85 shares during the quarter. Eldridge Investment Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,580,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kentucky Trust Co purchased a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $29,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after purchasing an additional 76 shares in the last quarter. Providence First Trust Co purchased a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $31,000. Centricity Wealth Management LLC purchased a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $34,000. Finally, Perkins Coie Trust Co purchased a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $35,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $188.81 on Friday. The firm’s 50 day simple moving average is $194.27 and its 200 day simple moving average is $196.20. The company has a market capitalization of $36.68 billion, a P/E ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a 1-year low of $176.09 and a 1-year high of $206.63.

iShares S&P 500 Value ETF 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.