Sepio Capital LP Cuts Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Sepio Capital LP reduced its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 48.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,159 shares of the company’s stock after selling 17,025 shares during the period. Sepio Capital LP’s holdings in iShares S&P 500 Value ETF were worth $3,466,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in IVE. Thurston Springer Miller Herd & Titak Inc. raised its holdings 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 acquiring an additional 76 shares in the last quarter. Kentucky Trust Co bought a new stake in iShares S&P 500 Value ETF in the fourth quarter worth $29,000. Providence First Trust Co purchased a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at $31,000. Centricity Wealth Management LLC purchased a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at $34,000. Finally, Perkins Coie Trust Co bought a new position in iShares S&P 500 Value ETF during the fourth quarter valued at $35,000.

iShares S&P 500 Value ETF Stock Down 5.8 %

iShares S&P 500 Value ETF stock opened at $172.67 on Friday. The company’s 50-day moving average price is $193.16 and its 200-day moving average price is $195.67. The company has a market cap of $33.62 billion, a PE ratio of 21.80 and a beta of 0.94. iShares S&P 500 Value ETF has a twelve month low of $172.56 and a twelve 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.