TRUE Private Wealth Advisors Has $2.72 Million Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

TRUE Private Wealth Advisors trimmed its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 20.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 14,232 shares of the company’s stock after selling 3,638 shares during the period. TRUE Private Wealth Advisors’ holdings in iShares S&P 500 Value ETF were worth $2,717,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after purchasing an additional 76 shares in the last quarter. Kentucky Trust Co acquired a new position in iShares S&P 500 Value ETF during the fourth quarter worth about $29,000. Providence First Trust Co acquired a new position in iShares S&P 500 Value ETF during the fourth quarter worth about $31,000. Centricity Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at approximately $34,000. Finally, Perkins Coie Trust Co acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at approximately $35,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $168.34 on Wednesday. The firm has a 50 day simple moving average of $191.46 and a 200 day simple moving average of $195.11. The company has a market cap of $32.78 billion, a price-to-earnings ratio of 21.80 and a beta of 0.94. iShares S&P 500 Value ETF has a one year low of $165.25 and a one year high of $206.63.

iShares S&P 500 Value ETF 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.