Sanibel Captiva Trust Company Inc. Reduces Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Sanibel Captiva Trust Company Inc. trimmed its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,939 shares of the company’s stock after selling 1,525 shares during the period. Sanibel Captiva Trust Company Inc.’s holdings in iShares S&P 500 Value ETF were worth $3,424,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Chesapeake Wealth Management raised its stake in iShares S&P 500 Value ETF by 3.8% during the 3rd quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock valued at $272,000 after buying an additional 50 shares during the last quarter. West Coast Financial LLC grew its holdings in shares of iShares S&P 500 Value ETF by 0.3% in the fourth quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock worth $3,137,000 after acquiring an additional 53 shares during the period. GDS Wealth Management increased its position in iShares S&P 500 Value ETF by 3.3% during the third quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock valued at $348,000 after acquiring an additional 56 shares during the last quarter. Roble Belko & Company Inc lifted its holdings in iShares S&P 500 Value ETF by 0.5% in the fourth quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock valued at $2,145,000 after acquiring an additional 57 shares during the period. Finally, Whitcomb & Hess Inc. boosted its position in iShares S&P 500 Value ETF by 1.0% in the third quarter. Whitcomb & Hess Inc. now owns 6,023 shares of the company’s stock worth $1,188,000 after purchasing an additional 58 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.7 %

iShares S&P 500 Value ETF stock opened at $194.09 on Friday. iShares S&P 500 Value ETF has a 52-week low of $170.13 and a 52-week high of $206.63. The company has a market cap of $34.77 billion, a P/E ratio of 23.79 and a beta of 0.81. The business has a 50-day simple moving average of $196.93 and a two-hundred day simple moving average of $194.06.

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.