iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Forte Asset Management LLC

Forte Asset Management LLC trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,736 shares of the company’s stock after selling 118 shares during the period. iShares S&P 500 Value ETF comprises 4.9% of Forte Asset Management LLC’s investment portfolio, making the stock its 4th biggest holding. Forte Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $9,303,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of IVE. Chesapeake Wealth Management raised its stake in shares of iShares S&P 500 Value ETF by 3.8% during the third quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock valued at $272,000 after acquiring an additional 50 shares during the last quarter. West Coast Financial LLC increased its position in shares of iShares S&P 500 Value ETF by 0.3% during the fourth quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock worth $3,137,000 after buying an additional 53 shares during the period. SWP Financial LLC increased its position in shares of iShares S&P 500 Value ETF by 0.4% during the fourth quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock worth $2,443,000 after buying an additional 54 shares during the period. GDS Wealth Management increased its position in shares of iShares S&P 500 Value ETF by 3.3% during the third quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock worth $348,000 after buying an additional 56 shares during the period. Finally, Roble Belko & Company Inc increased its position in shares of iShares S&P 500 Value ETF by 0.5% during the fourth 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.

iShares S&P 500 Value ETF Stock Up 1.0 %

IVE opened at $198.12 on Tuesday. iShares S&P 500 Value ETF has a twelve month low of $173.01 and a twelve month high of $206.63. The company has a fifty day moving average of $196.39 and a 200-day moving average of $194.62. The stock has a market cap of $35.49 billion, a PE ratio of 23.79 and a beta of 0.81.

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.