Transcend Capital Advisors LLC trimmed its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 15.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 8,020 shares of the company’s stock after selling 1,510 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,531,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of 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 valued at $29,000 after acquiring an additional 76 shares during the last quarter. Kentucky Trust Co bought a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $29,000. Centricity Wealth Management LLC acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at $34,000. Valued Wealth Advisors LLC bought a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at $35,000. Finally, Perkins Coie Trust Co bought a new position in iShares S&P 500 Value ETF in the 4th quarter valued at $35,000.
iShares S&P 500 Value ETF Stock Performance
Shares of IVE stock opened at $196.39 on Friday. iShares S&P 500 Value ETF has a 52 week low of $176.09 and a 52 week high of $206.63. The stock has a market capitalization of $35.82 billion, a PE ratio of 22.47 and a beta of 0.95. The stock’s fifty day moving average is $194.17 and its 200-day moving average is $195.67.
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.
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Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report).
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