Greenleaf Trust Sells 926 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Greenleaf Trust lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 174,009 shares of the company’s stock after selling 926 shares during the period. iShares S&P 500 Value ETF comprises about 0.3% of Greenleaf Trust’s portfolio, making the stock its 22nd largest position. Greenleaf Trust’s holdings in iShares S&P 500 Value ETF were worth $30,258,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in IVE. Ironwood Wealth Management LLC. raised its holdings in shares of iShares S&P 500 Value ETF by 4.5% in the first quarter. Ironwood Wealth Management LLC. now owns 100,433 shares of the company’s stock valued at $15,853,000 after purchasing an additional 4,361 shares during the last quarter. Axiom Financial Strategies LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the first quarter valued at about $286,000. Retirement Income Solutions Inc raised its holdings in shares of iShares S&P 500 Value ETF by 10.6% in the first quarter. Retirement Income Solutions Inc now owns 15,400 shares of the company’s stock valued at $2,398,000 after purchasing an additional 1,473 shares during the last quarter. Blair William & Co. IL raised its holdings in shares of iShares S&P 500 Value ETF by 17.0% in the first quarter. Blair William & Co. IL now owns 10,240 shares of the company’s stock valued at $1,595,000 after purchasing an additional 1,485 shares during the last quarter. Finally, Prudential PLC purchased a new stake in shares of iShares S&P 500 Value ETF in the first quarter valued at about $389,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock traded up $1.48 on Friday, hitting $178.39. The stock had a trading volume of 655,300 shares, compared to its average volume of 990,912. The business has a 50 day moving average of $180.90 and a 200 day moving average of $170.52. The stock has a market cap of $32.01 billion, a price-to-earnings ratio of 23.70 and a beta of 0.87. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $187.24.

iShares S&P 500 Value ETF 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.