Pathstone Holdings LLC Reduces Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Pathstone Holdings LLC lowered its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 117,834 shares of the company’s stock after selling 978 shares during the quarter. Pathstone Holdings LLC owned 0.07% of iShares S&P 500 Value ETF worth $22,493,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after acquiring an additional 76 shares during the last quarter. Kentucky Trust Co purchased a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth $29,000. Providence First Trust Co purchased a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth $31,000. Centricity Wealth Management LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth $34,000. Finally, Perkins Coie Trust Co purchased a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth $35,000.

iShares S&P 500 Value ETF Stock Down 0.6%

IVE stock opened at $188.51 on Thursday. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $206.63. The stock has a market cap of $37.57 billion, a P/E ratio of 21.18 and a beta of 0.89. The business’s 50-day moving average price is $183.94 and its 200-day moving average price is $192.25.

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.