iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Courier Capital LLC

Courier Capital LLC decreased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 300,799 shares of the company’s stock after selling 2,085 shares during the quarter. iShares S&P 500 Value ETF accounts for 4.0% of Courier Capital LLC’s portfolio, making the stock its 4th largest position. Courier Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $52,306,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Whitcomb & Hess Inc. increased its position in iShares S&P 500 Value ETF by 6.5% during the fourth quarter. Whitcomb & Hess Inc. now owns 6,605 shares of the company’s stock worth $1,149,000 after buying an additional 402 shares in the last quarter. Trust Co of the South purchased a new position in iShares S&P 500 Value ETF during the fourth quarter worth $729,000. Smith Anglin Financial LLC increased its position in iShares S&P 500 Value ETF by 4.8% during the fourth quarter. Smith Anglin Financial LLC now owns 376,324 shares of the company’s stock worth $65,439,000 after buying an additional 17,236 shares in the last quarter. Blackston Financial Advisory Group LLC purchased a new position in iShares S&P 500 Value ETF during the fourth quarter worth $890,000. Finally, Sendero Wealth Management LLC increased its position in iShares S&P 500 Value ETF by 32.9% during the fourth quarter. Sendero Wealth Management LLC now owns 5,073 shares of the company’s stock worth $882,000 after buying an additional 1,255 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 1.6 %

Shares of NYSEARCA:IVE opened at $186.13 on Thursday. The company has a market cap of $29.43 billion, a P/E ratio of 15.85 and a beta of 0.94. iShares S&P 500 Value ETF has a 52 week low of $145.90 and a 52 week high of $186.14. The business has a fifty day simple moving average of $178.19 and a 200-day simple moving average of $167.83.

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.