iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Cahaba Wealth Management Inc.

Cahaba Wealth Management Inc. cut its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,538 shares of the company’s stock after selling 206 shares during the period. Cahaba Wealth Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,439,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. World Investment Advisors LLC boosted its stake in iShares S&P 500 Value ETF by 1,511.5% during the 3rd quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock valued at $22,220,000 after purchasing an additional 105,334 shares during the period. Broadview Financial Management LLC raised its holdings in shares of iShares S&P 500 Value ETF by 2.4% during the third quarter. Broadview Financial Management LLC now owns 60,473 shares of the company’s stock valued at $11,923,000 after buying an additional 1,422 shares during the last quarter. Wilmington Savings Fund Society FSB boosted its position in shares of iShares S&P 500 Value ETF by 1,497.9% during the third quarter. Wilmington Savings Fund Society FSB now owns 67,351 shares of the company’s stock worth $13,280,000 after buying an additional 63,136 shares during the period. Peapack Gladstone Financial Corp grew its holdings in iShares S&P 500 Value ETF by 7.0% in the 3rd quarter. Peapack Gladstone Financial Corp now owns 108,344 shares of the company’s stock worth $21,361,000 after buying an additional 7,046 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in iShares S&P 500 Value ETF by 25.5% in the 3rd quarter. Franklin Resources Inc. now owns 30,832 shares of the company’s stock valued at $6,370,000 after acquiring an additional 6,257 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $178.31 on Monday. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $206.63. The firm has a market capitalization of $35.00 billion, a PE ratio of 20.32 and a beta of 0.88. The stock has a fifty day moving average of $190.08 and a two-hundred day moving average of $194.62.

iShares S&P 500 Value ETF Company 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.