iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Glassman Wealth Services

Glassman Wealth Services cut its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,274 shares of the company’s stock after selling 189 shares during the quarter. iShares S&P 500 Value ETF accounts for 0.1% of Glassman Wealth Services’ holdings, making the stock its 22nd largest holding. Glassman Wealth Services’ holdings in iShares S&P 500 Value ETF were worth $816,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of IVE. LexAurum Advisors LLC boosted its position in shares of iShares S&P 500 Value ETF by 47.2% during the 4th quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock worth $734,000 after acquiring an additional 1,233 shares in the last quarter. Financial Synergies Wealth Advisors Inc. boosted its position in shares of iShares S&P 500 Value ETF by 0.6% during the 4th quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock worth $5,480,000 after acquiring an additional 160 shares in the last quarter. DAVENPORT & Co LLC boosted its position in shares of iShares S&P 500 Value ETF by 10.9% during the 4th quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock worth $722,000 after acquiring an additional 372 shares in the last quarter. Equitable Trust Co. purchased a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $5,806,000. Finally, Empowered Funds LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $133,000.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $197.20 on Friday. iShares S&P 500 Value ETF has a fifty-two week low of $176.09 and a fifty-two week high of $206.63. The company has a market capitalization of $35.97 billion, a P/E ratio of 22.47 and a beta of 0.95. The stock has a 50-day simple moving average of $194.49 and a 200-day simple moving average of $196.23.

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.