Blue Trust Inc. Trims Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Blue Trust Inc. trimmed its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 67,818 shares of the company’s stock after selling 4,140 shares during the period. Blue Trust Inc.’s holdings in iShares S&P 500 Value ETF were worth $13,372,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of 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 worth $29,000 after purchasing an additional 76 shares during the period. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at about $31,000. Valued Wealth Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $35,000. Perkins Coie Trust Co acquired a new position in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $35,000. Finally, Copley Financial Group Inc. acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter valued at approximately $36,000.

iShares S&P 500 Value ETF Price Performance

IVE stock opened at $196.15 on Monday. The firm’s fifty day simple moving average is $196.39 and its 200-day simple moving average is $194.55. The company has a market capitalization of $35.14 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12 month low of $173.01 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.