iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by N.E.W. Advisory Services LLC

N.E.W. Advisory Services LLC decreased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,555 shares of the company’s stock after selling 100 shares during the quarter. N.E.W. Advisory Services LLC’s holdings in iShares S&P 500 Value ETF were worth $869,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IVE. International Assets Investment Management LLC increased its stake in iShares S&P 500 Value ETF by 18,046.1% during the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after acquiring an additional 1,326,211 shares during the last quarter. USA Financial Formulas acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter worth $77,191,000. PNC Financial Services Group Inc. increased its stake in iShares S&P 500 Value ETF by 7.6% during the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after acquiring an additional 139,651 shares during the last quarter. Kovitz Investment Group Partners LLC increased its stake in iShares S&P 500 Value ETF by 28.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock worth $120,955,000 after acquiring an additional 136,769 shares during the last quarter. Finally, World Investment Advisors LLC increased its stake in iShares S&P 500 Value ETF by 1,511.5% during the third quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock worth $22,220,000 after acquiring an additional 105,334 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 0.6 %

IVE stock opened at $196.17 on Friday. iShares S&P 500 Value ETF has a 52-week low of $173.01 and a 52-week high of $206.63. The business has a fifty day moving average of $196.15 and a two-hundred day moving average of $194.83. The stock has a market cap of $35.14 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

About iShares S&P 500 Value ETF

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.