Johnson Financial Group Inc. Decreases Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Johnson Financial Group Inc. lessened its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 63.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,558 shares of the company’s stock after selling 2,700 shares during the quarter. Johnson Financial Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $306,000 as of its most recent SEC filing.

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

iShares S&P 500 Value ETF Stock Down 0.1 %

IVE stock opened at $181.84 on Monday. The business has a 50 day moving average price of $186.57 and a 200 day moving average price of $193.39. The stock has a market cap of $35.70 billion, a price-to-earnings ratio of 20.32 and a beta of 0.88. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week 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.