Glassman Wealth Services Reduces Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Glassman Wealth Services decreased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,274 shares of the company’s stock after selling 189 shares during the period. iShares S&P 500 Value ETF accounts for 0.1% of Glassman Wealth Services’ investment portfolio, making the stock its 22nd biggest position. Glassman Wealth Services’ holdings in iShares S&P 500 Value ETF were worth $816,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after purchasing an additional 76 shares during the period. Kentucky Trust Co acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at $29,000. Providence First Trust Co acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at $31,000. Centricity Wealth Management LLC acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at $34,000. Finally, Perkins Coie Trust Co acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at $35,000.

iShares S&P 500 Value ETF Trading Up 1.3 %

Shares of iShares S&P 500 Value ETF stock opened at $197.20 on Friday. iShares S&P 500 Value ETF has a twelve month low of $176.09 and a twelve month high of $206.63. The stock has a market capitalization of $35.97 billion, a P/E ratio of 22.47 and a beta of 0.95. The business’s fifty day moving average price is $194.49 and its 200 day moving average price is $196.23.

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.