iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. trimmed its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 45,567 shares of the company’s stock after selling 4,398 shares during the quarter. Harbour Investments Inc.’s holdings in iShares S&P 500 Value ETF were worth $8,698,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at approximately $311,273,000. USA Financial Formulas acquired a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at approximately $77,191,000. Davis Selected Advisers increased its position in iShares S&P 500 Value ETF by 1,452.8% in the 4th quarter. Davis Selected Advisers now owns 197,175 shares of the company’s stock valued at $37,637,000 after acquiring an additional 184,477 shares during the period. PNC Financial Services Group Inc. increased its position in iShares S&P 500 Value ETF by 8.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock valued at $408,993,000 after acquiring an additional 167,028 shares during the period. Finally, Kovitz Investment Group Partners LLC increased its position in iShares S&P 500 Value ETF by 28.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock valued at $120,955,000 after acquiring an additional 136,769 shares during the period.

iShares S&P 500 Value ETF Price Performance

IVE opened at $188.81 on Friday. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The stock has a market cap of $36.68 billion, a P/E ratio of 22.06 and a beta of 0.94. The stock’s 50 day moving average price is $194.27 and its 200 day moving average price is $196.20.

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.