iShares S&P 500 Value ETF (NYSEARCA:IVE) Stock Position Reduced by CFS Investment Advisory Services LLC

CFS Investment Advisory Services LLC decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 27,178 shares of the company’s stock after selling 1,489 shares during the period. CFS Investment Advisory Services LLC’s holdings in iShares S&P 500 Value ETF were worth $5,188,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Stifel Financial Corp increased its stake in iShares S&P 500 Value ETF by 2.5% during the third quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock valued at $490,670,000 after purchasing an additional 60,868 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 7.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after buying an additional 139,651 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 18,046.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after buying an additional 1,326,211 shares during the period. Huntington National Bank grew its position in shares of iShares S&P 500 Value ETF by 6.9% during the 3rd quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock valued at $206,225,000 after buying an additional 67,448 shares during the last quarter. Finally, Park Avenue Securities LLC raised its stake in iShares S&P 500 Value ETF by 5.8% during the fourth quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock worth $180,895,000 after acquiring an additional 51,773 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.2 %

Shares of IVE stock opened at $196.15 on Friday. The company has a market cap of $35.14 billion, a P/E ratio of 23.79 and a beta of 0.81. The business has a 50 day moving average of $196.45 and a two-hundred day moving average of $194.36. iShares S&P 500 Value ETF has a 52 week low of $173.01 and a 52 week high of $206.63.

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.