Snowden Capital Advisors LLC Trims Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Snowden Capital Advisors LLC lowered its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 36,303 shares of the company’s stock after selling 709 shares during the quarter. Snowden Capital Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $6,930,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of IVE. West Coast Financial LLC boosted its position in iShares S&P 500 Value ETF by 0.3% in the 4th quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock valued at $3,137,000 after buying an additional 53 shares during the period. SWP Financial LLC raised its position in iShares S&P 500 Value ETF by 0.4% during the 4th quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock valued at $2,443,000 after purchasing an additional 54 shares in the last quarter. Roble Belko & Company Inc lifted its holdings in shares of iShares S&P 500 Value ETF by 0.5% in the 4th quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock worth $2,145,000 after buying an additional 57 shares during the period. Family Firm Inc. grew its holdings in iShares S&P 500 Value ETF by 0.5% during the 4th quarter. Family Firm Inc. now owns 10,464 shares of the company’s stock worth $1,998,000 after acquiring an additional 57 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in shares of iShares S&P 500 Value ETF by 1.6% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,788 shares of the company’s stock valued at $723,000 after purchasing an additional 59 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $190.29 on Friday. The company has a market cap of $37.92 billion, a PE ratio of 21.18 and a beta of 0.89. The firm’s 50 day moving average price is $183.92 and its 200-day moving average price is $192.20. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-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.