Independent Wealth Network Inc. Decreases Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Independent Wealth Network Inc. lessened its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 13.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,657 shares of the company’s stock after selling 424 shares during the period. Independent Wealth Network Inc.’s holdings in iShares S&P 500 Value ETF were worth $507,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. boosted its position in iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after buying an additional 76 shares during the period. Northwest Investment Counselors LLC purchased a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at approximately $31,000. Valued Wealth Advisors LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth $35,000. Perkins Coie Trust Co purchased a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth $35,000. Finally, Copley Financial Group Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth $36,000.

iShares S&P 500 Value ETF Trading Down 0.1 %

iShares S&P 500 Value ETF stock opened at $195.41 on Thursday. The stock has a market cap of $35.01 billion, a P/E ratio of 23.79 and a beta of 0.81. The company has a fifty day simple moving average of $196.65 and a 200-day simple moving average of $194.33. iShares S&P 500 Value ETF has a 12-month low of $172.85 and a 12-month high of $206.63.

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.