Patton Albertson Miller Group LLC Lowers Stock Position in iShares S&P 500 Value ETF $IVE

Patton Albertson Miller Group LLC reduced its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 41.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,162 shares of the company’s stock after selling 2,218 shares during the period. Patton Albertson Miller Group LLC’s holdings in iShares S&P 500 Value ETF were worth $718,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Rockwood Wealth Management LLC increased its stake in iShares S&P 500 Value ETF by 2.7% in the 1st quarter. Rockwood Wealth Management LLC now owns 1,785 shares of the company’s stock valued at $377,000 after buying an additional 47 shares during the last quarter. Flagship Private Wealth LLC boosted its stake in shares of iShares S&P 500 Value ETF by 1.1% in the 4th quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock worth $901,000 after buying an additional 48 shares during the last quarter. Patten & Patten Inc. TN boosted its stake in shares of iShares S&P 500 Value ETF by 4.8% in the 4th quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock worth $222,000 after buying an additional 48 shares during the last quarter. Stegner Investment Associates Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 0.3% in the fourth quarter. Stegner Investment Associates Inc. now owns 16,304 shares of the company’s stock valued at $3,457,000 after acquiring an additional 49 shares in the last quarter. Finally, Rossby Financial LCC increased its position in shares of iShares S&P 500 Value ETF by 6.6% during the fourth quarter. Rossby Financial LCC now owns 807 shares of the company’s stock valued at $171,000 after acquiring an additional 50 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.6%

Shares of iShares S&P 500 Value ETF stock opened at $238.01 on Friday. The business’s fifty day simple moving average is $230.24 and its 200 day simple moving average is $223.14. iShares S&P 500 Value ETF has a 12 month low of $200.52 and a 12 month high of $238.30. The firm has a market capitalization of $50.30 billion, a P/E ratio of 20.70 and a beta of 0.82.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.