Global Retirement Partners LLC Sells 2,683 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Global Retirement Partners LLC decreased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 81,437 shares of the company’s stock after selling 2,683 shares during the period. Global Retirement Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $15,545,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in IVE. Alpha Financial Partners LLC bought a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $7,385,000. Brown Lisle Cummings Inc. lifted its stake in iShares S&P 500 Value ETF by 332.7% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 913 shares of the company’s stock worth $180,000 after purchasing an additional 702 shares in the last quarter. Northwest Investment Counselors LLC purchased a new stake in iShares S&P 500 Value ETF in the 3rd quarter worth approximately $31,000. Venture Visionary Partners LLC boosted its holdings in iShares S&P 500 Value ETF by 7.6% in the 3rd quarter. Venture Visionary Partners LLC now owns 4,956 shares of the company’s stock valued at $977,000 after purchasing an additional 348 shares during the period. Finally, Horst & Graben Wealth Management LLC grew its position in shares of iShares S&P 500 Value ETF by 2.3% during the 3rd quarter. Horst & Graben Wealth Management LLC now owns 69,417 shares of the company’s stock valued at $13,687,000 after purchasing an additional 1,557 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $197.74 on Wednesday. iShares S&P 500 Value ETF has a fifty-two week low of $176.09 and a fifty-two week high of $206.63. The stock has a market cap of $36.07 billion, a P/E ratio of 22.47 and a beta of 0.95. The firm’s fifty day moving average price is $194.23 and its 200-day moving average price is $195.55.

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.