Idaho Trust Bank Sells 215 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Idaho Trust Bank lessened its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 5,706 shares of the company’s stock after selling 215 shares during the period. Idaho Trust Bank’s holdings in iShares S&P 500 Value ETF were worth $1,089,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVE. QRG Capital Management Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $355,000. SpiderRock Advisors LLC grew its position in shares of iShares S&P 500 Value ETF by 33.5% during the 3rd quarter. SpiderRock Advisors LLC now owns 2,906 shares of the company’s stock worth $573,000 after buying an additional 729 shares during the period. Assetmark Inc. increased its stake in shares of iShares S&P 500 Value ETF by 16.9% in the 3rd quarter. Assetmark Inc. now owns 857 shares of the company’s stock valued at $169,000 after acquiring an additional 124 shares during the last quarter. Axxcess Wealth Management LLC raised its position in shares of iShares S&P 500 Value ETF by 46.8% in the 3rd quarter. Axxcess Wealth Management LLC now owns 10,828 shares of the company’s stock valued at $2,135,000 after acquiring an additional 3,454 shares during the period. Finally, Apollon Wealth Management LLC boosted its stake in iShares S&P 500 Value ETF by 4.9% during the 3rd quarter. Apollon Wealth Management LLC now owns 29,424 shares of the company’s stock worth $5,802,000 after acquiring an additional 1,362 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $188.32 on Wednesday. The company has a 50 day moving average price of $194.48 and a two-hundred day moving average price of $196.36. The company has a market capitalization of $36.58 billion, a PE ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a 52 week low of $176.09 and a 52 week high of $206.63.

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.