Transcendent Capital Group LLC Sells 17,704 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Transcendent Capital Group LLC cut its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 97.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 432 shares of the company’s stock after selling 17,704 shares during the quarter. Transcendent Capital Group LLC’s holdings in iShares S&P 500 Value ETF were worth $82,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of IVE. Pine Valley Investments Ltd Liability Co grew its position in shares of iShares S&P 500 Value ETF by 32.5% in the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 3,755 shares of the company’s stock worth $717,000 after buying an additional 920 shares during the last quarter. Prasad Wealth Partners LLC acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $502,000. Crestwood Advisors Group LLC grew its holdings in iShares S&P 500 Value ETF by 5.0% in the fourth quarter. Crestwood Advisors Group LLC now owns 10,098 shares of the company’s stock worth $1,928,000 after purchasing an additional 479 shares during the last quarter. IFP Advisors Inc increased its position in shares of iShares S&P 500 Value ETF by 0.6% during the fourth quarter. IFP Advisors Inc now owns 29,264 shares of the company’s stock worth $5,586,000 after purchasing an additional 172 shares in the last quarter. Finally, Capital Advisors Ltd. LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 2.1% during the 4th quarter. Capital Advisors Ltd. LLC now owns 40,300 shares of the company’s stock valued at $7,693,000 after purchasing an additional 846 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $196.65 on Tuesday. The business has a fifty day moving average price of $194.13 and a 200-day moving average price of $196.02. iShares S&P 500 Value ETF has a 1-year low of $176.09 and a 1-year high of $206.63. The stock has a market capitalization of $35.87 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95.

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.