DDFG Inc Reduces Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

DDFG Inc reduced its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,552 shares of the company’s stock after selling 988 shares during the quarter. iShares S&P 500 Value ETF accounts for 6.4% of DDFG Inc’s holdings, making the stock its 5th biggest position. DDFG Inc owned about 0.06% of iShares S&P 500 Value ETF worth $22,057,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IVE. Stifel Financial Corp increased its position in shares of iShares S&P 500 Value ETF by 2.5% in the third quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock worth $490,670,000 after acquiring an additional 60,868 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of iShares S&P 500 Value ETF by 7.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after acquiring an additional 139,651 shares in the last quarter. Huntington National Bank increased its position in shares of iShares S&P 500 Value ETF by 6.9% in the third quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock worth $206,225,000 after acquiring an additional 67,448 shares in the last quarter. Park Avenue Securities LLC increased its position in shares of iShares S&P 500 Value ETF by 5.8% in the fourth quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock worth $180,895,000 after acquiring an additional 51,773 shares in the last quarter. Finally, MAI Capital Management increased its position in shares of iShares S&P 500 Value ETF by 1.8% in the third quarter. MAI Capital Management now owns 754,586 shares of the company’s stock worth $148,782,000 after acquiring an additional 13,079 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $195.36 on Tuesday. The company’s 50 day moving average price is $194.55 and its 200 day moving average price is $196.33. iShares S&P 500 Value ETF has a 52 week low of $176.09 and a 52 week high of $206.63. The company has a market capitalization of $35.63 billion, a PE ratio of 22.47 and a beta of 0.95.

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.