Ironwood Financial llc Sells 6,278 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Ironwood Financial llc decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 97,722 shares of the company’s stock after selling 6,278 shares during the period. iShares S&P 500 Value ETF comprises approximately 3.9% of Ironwood Financial llc’s holdings, making the stock its 3rd largest holding. Ironwood Financial llc’s holdings in iShares S&P 500 Value ETF were worth $18,653,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after purchasing an additional 76 shares in the last quarter. Northwest Investment Counselors LLC bought a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at $31,000. Valued Wealth Advisors LLC bought a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at $35,000. Perkins Coie Trust Co acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at $35,000. Finally, Copley Financial Group Inc. bought a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth about $36,000.

iShares S&P 500 Value ETF Stock Up 0.7 %

NYSEARCA IVE opened at $194.09 on Monday. iShares S&P 500 Value ETF has a twelve month low of $170.13 and a twelve month high of $206.63. The stock has a market cap of $34.77 billion, a P/E ratio of 23.79 and a beta of 0.81. The company’s 50-day simple moving average is $196.93 and its 200 day simple moving average is $194.15.

About iShares S&P 500 Value ETF

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.