iShares S&P 500 Value ETF (NYSEARCA:IVE) Stake Lessened by MGO One Seven LLC

MGO One Seven LLC lessened its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 36.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,069 shares of the company’s stock after selling 1,743 shares during the period. MGO One Seven LLC’s holdings in iShares S&P 500 Value ETF were worth $586,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in IVE. World Investment Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 1,511.5% in the third quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock worth $22,220,000 after purchasing an additional 105,334 shares during the period. Broadview Financial Management LLC boosted its holdings in iShares S&P 500 Value ETF by 2.4% in the third quarter. Broadview Financial Management LLC now owns 60,473 shares of the company’s stock worth $11,923,000 after purchasing an additional 1,422 shares during the period. Wilmington Savings Fund Society FSB boosted its holdings in iShares S&P 500 Value ETF by 1,497.9% in the third quarter. Wilmington Savings Fund Society FSB now owns 67,351 shares of the company’s stock worth $13,280,000 after purchasing an additional 63,136 shares during the period. Peapack Gladstone Financial Corp boosted its holdings in iShares S&P 500 Value ETF by 7.0% in the third quarter. Peapack Gladstone Financial Corp now owns 108,344 shares of the company’s stock worth $21,361,000 after purchasing an additional 7,046 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in iShares S&P 500 Value ETF by 25.5% in the third quarter. Franklin Resources Inc. now owns 30,832 shares of the company’s stock worth $6,370,000 after purchasing an additional 6,257 shares during the period.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $181.84 on Monday. The company has a market cap of $35.70 billion, a PE ratio of 20.32 and a beta of 0.88. The company has a fifty day moving average price of $186.57 and a two-hundred day moving average price of $193.39. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $206.63.

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.