Bryn Mawr Capital Management LLC Sells 350 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Bryn Mawr Capital Management LLC cut its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,609 shares of the company’s stock after selling 350 shares during the period. Bryn Mawr Capital Management LLC’s holdings in iShares S&P 500 Value ETF were worth $2,366,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of IVE. Sage Financial Group Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth about $217,000. Financial Enhancement Group LLC grew its holdings in iShares S&P 500 Value ETF by 35.5% during the fourth quarter. Financial Enhancement Group LLC now owns 50,751 shares of the company’s stock valued at $8,683,000 after purchasing an additional 13,298 shares during the last quarter. Cullen Frost Bankers Inc. raised its position in shares of iShares S&P 500 Value ETF by 19.8% in the third quarter. Cullen Frost Bankers Inc. now owns 97,534 shares of the company’s stock valued at $15,005,000 after purchasing an additional 16,129 shares during the period. Bfsg LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth $60,000. Finally, Smith Anglin Financial LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 4.8% during the 4th quarter. Smith Anglin Financial LLC now owns 376,324 shares of the company’s stock worth $65,439,000 after buying an additional 17,236 shares during the period.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE traded down $0.32 during midday trading on Friday, reaching $180.13. The stock had a trading volume of 440,676 shares, compared to its average volume of 961,049. The stock has a market capitalization of $32.27 billion, a P/E ratio of 23.38 and a beta of 0.84. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $187.24. The firm’s fifty day simple moving average is $181.38 and its 200-day simple moving average is $171.68.

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.