iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Trust Point Inc.

Trust Point Inc. lowered its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,143 shares of the company’s stock after selling 1,457 shares during the quarter. iShares S&P 500 Value ETF comprises approximately 0.9% of Trust Point Inc.’s investment portfolio, making the stock its 14th largest holding. Trust Point Inc.’s holdings in iShares S&P 500 Value ETF were worth $13,389,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in IVE. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after purchasing an additional 76 shares during the last quarter. Northwest Investment Counselors LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at $31,000. Valued Wealth Advisors LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at $35,000. Perkins Coie Trust Co acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth $35,000. Finally, Copley Financial Group Inc. purchased a new position in shares of iShares S&P 500 Value ETF during the third quarter worth $36,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $195.25 on Tuesday. The firm has a market capitalization of $34.98 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a fifty-two week low of $173.01 and a fifty-two week high of $206.63. The stock has a 50-day simple moving average of $196.00 and a two-hundred day simple moving average of $194.97.

iShares S&P 500 Value ETF Company 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.