Blue Trust Inc. Sells 4,140 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Blue Trust Inc. lessened its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 67,818 shares of the company’s stock after selling 4,140 shares during the period. Blue Trust Inc.’s holdings in iShares S&P 500 Value ETF were worth $13,372,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IVE. Chesapeake Wealth Management lifted its position in iShares S&P 500 Value ETF by 3.8% during the third quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock valued at $272,000 after purchasing an additional 50 shares during the period. West Coast Financial LLC raised its position in iShares S&P 500 Value ETF by 0.3% in the fourth quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock worth $3,137,000 after acquiring an additional 53 shares during the period. SWP Financial LLC raised its position in iShares S&P 500 Value ETF by 0.4% in the fourth quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock worth $2,443,000 after acquiring an additional 54 shares during the period. GDS Wealth Management raised its position in iShares S&P 500 Value ETF by 3.3% in the third quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock worth $348,000 after acquiring an additional 56 shares during the period. Finally, Roble Belko & Company Inc raised its position in iShares S&P 500 Value ETF by 0.5% in the fourth quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock worth $2,145,000 after acquiring an additional 57 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.2 %

IVE opened at $196.15 on Monday. iShares S&P 500 Value ETF has a 1-year low of $173.01 and a 1-year high of $206.63. The company has a market capitalization of $35.14 billion, a PE ratio of 23.79 and a beta of 0.81. The firm’s 50 day simple moving average is $196.39 and its two-hundred day simple moving average is $194.55.

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.