Gradient Capital Advisors LLC Decreases Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Gradient Capital Advisors LLC trimmed its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 6.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,590 shares of the company’s stock after selling 169 shares during the quarter. Gradient Capital Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $494,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after buying an additional 76 shares during the last quarter. Northwest Investment Counselors LLC purchased a new position in iShares S&P 500 Value ETF in the 3rd quarter worth approximately $31,000. Valued Wealth Advisors LLC purchased a new position in iShares S&P 500 Value ETF in the 3rd quarter worth approximately $35,000. Perkins Coie Trust Co acquired a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth approximately $35,000. Finally, Copley Financial Group Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $36,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $196.23 on Wednesday. The stock has a 50 day moving average price of $194.82 and a 200 day moving average price of $195.32. The stock has a market cap of $35.15 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a one year low of $173.01 and a one year high of $206.63.

About iShares S&P 500 Value ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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