iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Tortoise Investment Management LLC

Tortoise Investment Management LLC trimmed its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,706 shares of the company’s stock after selling 671 shares during the quarter. Tortoise Investment Management LLC’s holdings in iShares S&P 500 Value ETF were worth $6,052,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Kentucky Trust Co purchased a new position in iShares S&P 500 Value ETF during the 4th quarter valued at about $29,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after acquiring an additional 76 shares during the period. Providence First Trust Co purchased a new position in iShares S&P 500 Value ETF during the 4th quarter valued at about $31,000. Centricity Wealth Management LLC purchased a new position in iShares S&P 500 Value ETF during the 4th quarter valued at about $34,000. Finally, Perkins Coie Trust Co purchased a new position in iShares S&P 500 Value ETF during the 4th quarter valued at about $35,000.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $194.14 on Monday. The business has a 50-day moving average of $194.52 and a 200 day moving average of $196.40. The stock has a market capitalization of $37.71 billion, a price-to-earnings ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63.

About iShares S&P 500 Value ETF

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.