Sequoia Financial Advisors LLC reduced its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 30.7% during the first quarter, according to the company’s most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,210 shares of the company’s stock after selling 5,409 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $2,281,000 at the end of the last quarter.
A number of other large investors have also added to or reduced their holdings in IVE. Vima LLC acquired a new stake in shares of iShares S&P 500 Value ETF worth $27,000 in the fourth quarter. Northwest Investment Counselors LLC acquired a new stake in shares of iShares S&P 500 Value ETF worth $29,000 in the first quarter. First Pacific Financial acquired a new stake in shares of iShares S&P 500 Value ETF worth $30,000 in the fourth quarter. Wetzel Investment Advisors Inc. acquired a new stake in shares of iShares S&P 500 Value ETF worth $35,000 in the fourth quarter. Finally, Sound Income Strategies LLC acquired a new stake in shares of iShares S&P 500 Value ETF worth $35,000 in the fourth quarter.
iShares S&P 500 Value ETF price development
IVE shares opened at $181.59 on Friday. The iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $187.24. The company has a 50-day moving average price of $182.58 and a 200-day moving average price of $179.62. The company has a market cap of $32.53 billion, a price-to-earnings ratio of 23.79, and a beta of 0.81.
About iShares S&P 500 Value ETF
(Free report)
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-cap value sector of the U.S. equity market and consists of the stocks of the S&P 500 that exhibit the strongest value characteristics.
See also
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