Oarsman Capital Inc. lessened its position in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 6.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,842 shares of the company’s stock after selling 192 shares during the quarter. Oarsman Capital Inc.’s holdings in iShares S&P 500 Value ETF were worth $542,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its stake in shares of iShares S&P 500 Value ETF by 8.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock worth $408,993,000 after purchasing an additional 167,028 shares during the period. Raymond James Financial Inc. acquired a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at approximately $311,273,000. Envestnet Portfolio Solutions Inc. grew its holdings in iShares S&P 500 Value ETF by 3.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,527,973 shares of the company’s stock valued at $291,659,000 after buying an additional 49,640 shares during the last quarter. Huntington National Bank increased its position in iShares S&P 500 Value ETF by 4.6% in the 4th quarter. Huntington National Bank now owns 1,094,262 shares of the company’s stock worth $208,873,000 after buying an additional 48,336 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 8.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 999,059 shares of the company’s stock worth $190,700,000 after buying an additional 73,706 shares during the last quarter.
iShares S&P 500 Value ETF Trading Down 5.8 %
IVE opened at $172.67 on Friday. The business has a 50 day moving average of $193.16 and a 200-day moving average of $195.67. The stock has a market capitalization of $33.62 billion, a price-to-earnings ratio of 21.80 and a beta of 0.94. iShares S&P 500 Value ETF has a 1-year low of $172.56 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.
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