Quadrant Capital Group LLC Reduces Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Quadrant Capital Group LLC trimmed its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 21.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,122 shares of the company’s stock after selling 1,694 shares during the quarter. Quadrant Capital Group LLC’s holdings in iShares S&P 500 Value ETF were worth $1,169,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Raymond James Financial Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $311,273,000. Envestnet Asset Management Inc. lifted its holdings in iShares S&P 500 Value ETF by 3.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 13,435,769 shares of the company’s stock worth $2,564,620,000 after buying an additional 493,784 shares during the period. USA Financial Formulas bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $77,191,000. Davis Selected Advisers increased its stake in shares of iShares S&P 500 Value ETF by 1,452.8% during the fourth quarter. Davis Selected Advisers now owns 197,175 shares of the company’s stock valued at $37,637,000 after buying an additional 184,477 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 8.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock valued at $408,993,000 after acquiring an additional 167,028 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 5.8 %

Shares of IVE stock opened at $172.67 on Monday. The firm has a market capitalization of $33.62 billion, a price-to-earnings ratio of 21.80 and a beta of 0.94. The stock has a fifty day moving average of $193.16 and a 200 day moving average of $195.67. iShares S&P 500 Value ETF has a 52 week low of $169.75 and a 52 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.