Summit Investment Advisory Services LLC Sells 379 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Summit Investment Advisory Services LLC trimmed its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,373 shares of the company’s stock after selling 379 shares during the quarter. iShares S&P 500 Value ETF accounts for 1.7% of Summit Investment Advisory Services LLC’s portfolio, making the stock its 10th largest holding. Summit Investment Advisory Services LLC’s holdings in iShares S&P 500 Value ETF were worth $3,316,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 100.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after buying an additional 76 shares in the last quarter. Northwest Investment Counselors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth approximately $31,000. Valued Wealth Advisors LLC bought a new stake in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $35,000. Perkins Coie Trust Co acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at $35,000. Finally, Copley Financial Group Inc. bought a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at $36,000.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $196.15 on Friday. The business has a fifty day moving average of $196.39 and a 200-day moving average of $194.46. iShares S&P 500 Value ETF has a twelve month low of $173.01 and a twelve month high of $206.63. The firm has a market cap of $35.14 billion, a PE ratio of 23.79 and a beta of 0.81.

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.