iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC trimmed its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,554 shares of the company’s stock after selling 113 shares during the quarter. Crescent Grove Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,487,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in IVE. Peoples Bank KS purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at $25,000. Allspring Global Investments Holdings LLC grew its position in shares of iShares S&P 500 Value ETF by 700.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 160 shares of the company’s stock valued at $25,000 after purchasing an additional 140 shares during the period. Fortis Capital Advisors LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at $28,000. First Pacific Financial purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at $30,000. Finally, Hibernia Wealth Partners LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at $31,000.

iShares S&P 500 Value ETF Stock Down 0.5 %

Shares of NYSEARCA:IVE traded down $0.91 during midday trading on Monday, reaching $177.61. The company’s stock had a trading volume of 547,265 shares, compared to its average volume of 1,011,209. The firm has a market cap of $31.87 billion, a price-to-earnings ratio of 23.70 and a beta of 0.87. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $187.24. The business has a 50 day moving average price of $180.75 and a 200 day moving average price of $170.10.

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.