iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Select Asset Management & Trust

Select Asset Management & Trust decreased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.7% during the 4th quarter, HoldingsChannel reports. The fund owned 1,366 shares of the company’s stock after selling 68 shares during the quarter. Select Asset Management & Trust’s holdings in iShares S&P 500 Value ETF were worth $261,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Kentucky Trust Co acquired a new position in iShares S&P 500 Value ETF during the 4th quarter worth $29,000. Thurston Springer Miller Herd & Titak Inc. grew its position 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 worth $29,000 after acquiring an additional 76 shares in the last quarter. Providence First Trust Co acquired a new position in iShares S&P 500 Value ETF in the fourth quarter worth $31,000. Centricity Wealth Management LLC bought 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 stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $35,000.

iShares S&P 500 Value ETF Stock Up 0.2 %

IVE opened at $177.38 on Monday. The company’s 50-day moving average price is $188.34 and its 200 day moving average price is $193.99. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $206.63. The firm has a market cap of $34.82 billion, a price-to-earnings ratio of 20.32 and a beta of 0.88.

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.