Tobias Financial Advisors Inc. trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 2.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,809 shares of the company’s stock after selling 375 shares during the period. Tobias Financial Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,827,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in IVE. Kentucky Trust Co bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth $29,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 100.0% during 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 during the last quarter. Providence First Trust Co acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at $31,000. Centricity Wealth Management LLC purchased a new position in iShares S&P 500 Value ETF in the 4th quarter worth about $34,000. Finally, Perkins Coie Trust Co acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter worth about $35,000.
iShares S&P 500 Value ETF Price Performance
Shares of IVE opened at $177.04 on Thursday. The company has a 50-day moving average of $189.08 and a two-hundred day moving average of $194.29. The stock has a market cap of $34.75 billion, a price-to-earnings ratio of 20.32 and a beta of 0.88. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $206.63.
iShares S&P 500 Value ETF Company 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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