Financial Counselors Inc. Lowers Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Financial Counselors Inc. cut its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,359 shares of the company’s stock after selling 112 shares during the quarter. Financial Counselors Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,168,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Murphy & Mullick Capital Management Corp purchased a new stake in iShares S&P 500 Value ETF in the fourth quarter worth about $67,000. Florida Financial Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $625,000. Potentia Wealth purchased a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $646,000. PKS Advisory Services LLC bought a new position in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $3,172,000. Finally, Signature Estate & Investment Advisors LLC raised its stake in iShares S&P 500 Value ETF by 54.4% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 4,093 shares of the company’s stock valued at $781,000 after buying an additional 1,442 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.0 %

iShares S&P 500 Value ETF stock opened at $191.65 on Friday. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The business’s fifty day simple moving average is $194.26 and its two-hundred day simple moving average is $195.98. The company has a market capitalization of $37.31 billion, a price-to-earnings ratio of 21.80 and a beta of 0.94.

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.