Blue Chip Partners LLC cut its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 17.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,053 shares of the company’s stock after selling 425 shares during the quarter. Blue Chip Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $357,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Cora Capital Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth $219,000. Fiduciary Group LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth $208,000. Bank OZK increased its stake in shares of iShares S&P 500 Value ETF by 42.6% in the 4th quarter. Bank OZK now owns 2,310 shares of the company’s stock worth $402,000 after acquiring an additional 690 shares during the last quarter. Dohj LLC increased its position in shares of iShares S&P 500 Value ETF by 126.7% during the 4th quarter. Dohj LLC now owns 27,629 shares of the company’s stock worth $4,804,000 after purchasing an additional 15,443 shares during the last quarter. Finally, Alexander Randolph Advisory Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth about $211,000.
iShares S&P 500 Value ETF Trading Down 0.2 %
Shares of NYSEARCA:IVE opened at $180.15 on Monday. The business has a 50-day moving average price of $181.38 and a 200 day moving average price of $171.91. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $187.24. The company has a market capitalization of $32.27 billion, a price-to-earnings ratio of 23.38 and a beta of 0.84.
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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