iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,159 shares of the company’s stock after selling 209 shares during the period. Principal Financial Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,645,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Trexquant Investment LP increased its position in shares of iShares S&P 500 Value ETF by 52.8% during the third quarter. Trexquant Investment LP now owns 2,535 shares of the company’s stock worth $390,000 after acquiring an additional 876 shares during the last quarter. Evergreen Capital Management LLC raised its position in shares of iShares S&P 500 Value ETF by 30.0% in the 3rd quarter. Evergreen Capital Management LLC now owns 2,342 shares of the company’s stock valued at $362,000 after purchasing an additional 541 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of iShares S&P 500 Value ETF by 7.2% during the 3rd quarter. Royal Bank of Canada now owns 1,233,196 shares of the company’s stock valued at $189,715,000 after buying an additional 82,644 shares during the last quarter. Crestwood Advisors Group LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth approximately $1,576,000. Finally, The Manufacturers Life Insurance Company increased its stake in shares of iShares S&P 500 Value ETF by 17.4% in the third quarter. The Manufacturers Life Insurance Company now owns 541,094 shares of the company’s stock worth $83,242,000 after buying an additional 80,256 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.2 %

NYSEARCA IVE traded down $0.44 during trading hours on Friday, reaching $181.08. 184,975 shares of the company traded hands, compared to its average volume of 790,486. The stock has a market capitalization of $32.44 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12 month low of $147.23 and a 12 month high of $187.24. The company has a 50 day moving average of $182.55 and a two-hundred day moving average of $179.52.

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.