Goodwin Investment Advisory Decreases Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Goodwin Investment Advisory lowered its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,845 shares of the company’s stock after selling 154 shares during the period. Goodwin Investment Advisory’s holdings in iShares S&P 500 Value ETF were worth $321,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Ellis Investment Partners LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 0.4% in the 4th quarter. Ellis Investment Partners LLC now owns 15,815 shares of the company’s stock worth $2,750,000 after purchasing an additional 63 shares during the period. Benjamin F. Edwards & Company Inc. increased its position in iShares S&P 500 Value ETF by 4.2% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,619 shares of the company’s stock valued at $261,000 after acquiring an additional 65 shares during the last quarter. Cadinha & Co. LLC raised its stake in shares of iShares S&P 500 Value ETF by 1.0% in the third quarter. Cadinha & Co. LLC now owns 6,360 shares of the company’s stock valued at $978,000 after acquiring an additional 66 shares during the period. Trifecta Capital Advisors LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 2.0% in the 4th quarter. Trifecta Capital Advisors LLC now owns 3,401 shares of the company’s stock worth $591,000 after acquiring an additional 66 shares during the last quarter. Finally, Certified Advisory Corp lifted its holdings in shares of iShares S&P 500 Value ETF by 1.2% in the 1st quarter. Certified Advisory Corp now owns 5,528 shares of the company’s stock worth $839,000 after acquiring an additional 68 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 0.1 %

NYSEARCA:IVE traded down $0.12 during mid-day trading on Wednesday, hitting $176.58. 869,976 shares of the stock traded hands, compared to its average volume of 1,003,067. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $187.24. The stock has a market capitalization of $31.69 billion, a price-to-earnings ratio of 23.70 and a beta of 0.87. The firm’s 50 day moving average is $180.85 and its two-hundred day moving average is $170.43.

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.