Bridges Investment Management Inc. Sells 4,080 Shares of iShares S&P 500 Value ETF $IVE

Bridges Investment Management Inc. lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 25.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,055 shares of the company’s stock after selling 4,080 shares during the period. Bridges Investment Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,557,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IVE. Brighton Jones LLC raised its stake in shares of iShares S&P 500 Value ETF by 0.8% in the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after acquiring an additional 112 shares during the last quarter. Great Lakes Advisors LLC raised its stake in shares of iShares S&P 500 Value ETF by 6,385.7% in the first quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock valued at $83,000 after acquiring an additional 447 shares during the last quarter. Schnieders Capital Management LLC. bought a new position in shares of iShares S&P 500 Value ETF in the second quarter valued at approximately $550,000. Russell Investments Group Ltd. raised its stake in shares of iShares S&P 500 Value ETF by 28.8% in the second quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock valued at $416,000 after acquiring an additional 477 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in shares of iShares S&P 500 Value ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock valued at $5,184,000 after acquiring an additional 731 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $227.06 on Thursday. The firm has a market cap of $50.13 billion, a P/E ratio of 20.70 and a beta of 0.83. The firm has a 50 day simple moving average of $220.33 and a 200 day simple moving average of $216.87. iShares S&P 500 Value ETF has a fifty-two week low of $189.34 and a fifty-two week high of $228.95.

iShares S&P 500 Value ETF 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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.