iShares S&P 500 Value ETF (NYSEARCA:IVE) Stock Holdings Decreased by Montecito Bank & Trust

Montecito Bank & Trust lessened its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.5% in the 4th quarter, Holdings Channel reports. The fund owned 5,996 shares of the company’s stock after selling 285 shares during the period. Montecito Bank & Trust’s holdings in iShares S&P 500 Value ETF were worth $1,145,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVE. NBC Securities Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 33.3% in the third quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock valued at $423,000 after purchasing an additional 536 shares in the last quarter. Ausdal Financial Partners Inc. raised its position in iShares S&P 500 Value ETF by 81.0% during the third quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock valued at $9,110,000 after buying an additional 20,674 shares during the period. Concourse Financial Group Securities Inc. lifted its stake in iShares S&P 500 Value ETF by 7.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock worth $10,501,000 after acquiring an additional 3,500 shares in the last quarter. Cornell Pochily Investment Advisors Inc. boosted its position in iShares S&P 500 Value ETF by 31.3% during the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 3,060 shares of the company’s stock worth $603,000 after acquiring an additional 730 shares during the period. Finally, High Falls Advisors Inc boosted its position in iShares S&P 500 Value ETF by 3.1% during the 2nd quarter. High Falls Advisors Inc now owns 74,353 shares of the company’s stock worth $13,533,000 after acquiring an additional 2,223 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $196.52 on Friday. The company has a market capitalization of $35.21 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The business’s 50-day moving average is $196.53 and its 200-day moving average is $194.34. iShares S&P 500 Value ETF has a fifty-two week low of $172.85 and a fifty-two week high of $206.63.

iShares S&P 500 Value ETF Company 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.