iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Tortoise Investment Management LLC

Tortoise Investment Management LLC decreased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 2.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,680 shares of the company’s stock after selling 738 shares during the quarter. Tortoise Investment Management LLC’s holdings in iShares S&P 500 Value ETF were worth $5,683,000 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. Wells Fargo & Company MN grew its stake in shares of iShares S&P 500 Value ETF by 0.3% in the fourth quarter. Wells Fargo & Company MN now owns 7,565,945 shares of the company’s stock valued at $1,315,642,000 after buying an additional 25,641 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in iShares S&P 500 Value ETF by 8.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,314,163 shares of the company’s stock valued at $750,190,000 after purchasing an additional 351,478 shares during the period. UBS Group AG boosted its holdings in iShares S&P 500 Value ETF by 0.4% in the fourth quarter. UBS Group AG now owns 3,558,382 shares of the company’s stock valued at $618,767,000 after purchasing an additional 14,425 shares during the period. Stifel Financial Corp lifted its holdings in iShares S&P 500 Value ETF by 1.2% during the 4th quarter. Stifel Financial Corp now owns 2,195,335 shares of the company’s stock worth $381,746,000 after buying an additional 25,246 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in iShares S&P 500 Value ETF by 1.3% during the 3rd quarter. LPL Financial LLC now owns 1,940,992 shares of the company’s stock worth $298,602,000 after buying an additional 23,973 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE traded down $0.48 during trading on Friday, reaching $180.50. 375,332 shares of the company’s stock were exchanged, compared to its average volume of 819,046. The stock has a market cap of $32.34 billion, a P/E ratio of 23.79 and a beta of 0.81. The company has a 50 day moving average price of $181.93 and a two-hundred day moving average price of $178.20. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $187.24.

iShares S&P 500 Value ETF Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report).

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

Receive News & Ratings for iShares S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.