MBA Advisors LLC Reduces Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

MBA Advisors LLC cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 40.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,526 shares of the company’s stock after selling 3,713 shares during the quarter. MBA Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,055,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. raised 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 purchasing an additional 76 shares during the last quarter. Northwest Investment Counselors LLC acquired a new stake in iShares S&P 500 Value ETF during the 3rd quarter worth about $31,000. Valued Wealth Advisors LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at about $35,000. Perkins Coie Trust Co acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $35,000. Finally, Copley Financial Group Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth about $36,000.

iShares S&P 500 Value ETF Trading Down 0.8 %

Shares of IVE stock opened at $194.62 on Monday. iShares S&P 500 Value ETF has a twelve month low of $173.01 and a twelve month high of $206.63. The stock has a market cap of $34.87 billion, a P/E ratio of 23.79 and a beta of 0.81. The stock has a 50 day moving average of $195.01 and a 200 day moving average of $195.20.

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.