TRUE Private Wealth Advisors Has $1.87 Million Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

TRUE Private Wealth Advisors reduced its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,757 shares of the company’s stock after selling 88 shares during the quarter. TRUE Private Wealth Advisors’ holdings in iShares S&P 500 Value ETF were worth $1,870,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Sage Financial Group Inc. purchased a new position in iShares S&P 500 Value ETF during the fourth quarter worth about $217,000. Financial Enhancement Group LLC boosted its holdings in iShares S&P 500 Value ETF by 35.5% during the fourth quarter. Financial Enhancement Group LLC now owns 50,751 shares of the company’s stock worth $8,683,000 after purchasing an additional 13,298 shares during the last quarter. Cullen Frost Bankers Inc. boosted its holdings in iShares S&P 500 Value ETF by 19.8% during the third quarter. Cullen Frost Bankers Inc. now owns 97,534 shares of the company’s stock worth $15,005,000 after purchasing an additional 16,129 shares during the last quarter. Smith Anglin Financial LLC boosted its holdings in iShares S&P 500 Value ETF by 4.8% during the fourth quarter. Smith Anglin Financial LLC now owns 376,324 shares of the company’s stock worth $65,439,000 after purchasing an additional 17,236 shares during the last quarter. Finally, Peoples Bank OH boosted its holdings in iShares S&P 500 Value ETF by 4.6% during the fourth quarter. Peoples Bank OH now owns 19,088 shares of the company’s stock worth $3,319,000 after purchasing an additional 833 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 0.1 %

iShares S&P 500 Value ETF stock traded down $0.12 during midday trading on Wednesday, hitting $176.58. 177,506 shares of the stock were exchanged, compared to its average volume of 993,206. iShares S&P 500 Value ETF has a 52-week low of $147.23 and a 52-week high of $187.24. The stock has a market capitalization of $31.69 billion, a price-to-earnings ratio of 23.70 and a beta of 0.87. The business’s 50-day moving average price is $180.85 and its 200-day moving average price is $170.43.

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.