Essex Savings Bank Lowers Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Essex Savings Bank decreased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,189 shares of the company’s stock after selling 204 shares during the quarter. Essex Savings Bank’s holdings in iShares S&P 500 Value ETF were worth $800,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. NBC Securities Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 33.3% in the third quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock worth $423,000 after acquiring an additional 536 shares during the period. Ausdal Financial Partners Inc. boosted its stake in iShares S&P 500 Value ETF by 81.0% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock worth $9,110,000 after purchasing an additional 20,674 shares during the period. Concourse Financial Group Securities Inc. raised its position in shares of iShares S&P 500 Value ETF by 7.0% during the third quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock valued at $10,501,000 after buying an additional 3,500 shares during the last quarter. Cornell Pochily Investment Advisors Inc. grew its stake in iShares S&P 500 Value ETF by 31.3% during the third quarter. Cornell Pochily Investment Advisors Inc. now owns 3,060 shares of the company’s stock valued at $603,000 after acquiring an additional 730 shares in the last quarter. Finally, High Falls Advisors Inc raised its position in iShares S&P 500 Value ETF by 3.1% during the second quarter. High Falls Advisors Inc now owns 74,353 shares of the company’s stock valued at $13,533,000 after purchasing an additional 2,223 shares during the period.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $192.70 on Thursday. The business’s 50 day moving average price is $197.41 and its 200-day moving average price is $193.90. iShares S&P 500 Value ETF has a fifty-two week low of $170.13 and a fifty-two week high of $206.63. The company has a market cap of $34.52 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.