Banco Santander S.A. Trims Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Banco Santander S.A. decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 68.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 30,160 shares of the company’s stock after selling 66,464 shares during the period. Banco Santander S.A.’s holdings in iShares S&P 500 Value ETF were worth $5,757,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of IVE. Thurston Springer Miller Herd & Titak Inc. grew its holdings in 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 in the last quarter. Kentucky Trust Co bought a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $29,000. Providence First Trust Co purchased a new position in iShares S&P 500 Value ETF during the fourth quarter valued at approximately $31,000. Centricity Wealth Management LLC purchased a new position in iShares S&P 500 Value ETF during the fourth quarter valued at approximately $34,000. Finally, Perkins Coie Trust Co bought a new position in iShares S&P 500 Value ETF in the fourth quarter worth approximately $35,000.

iShares S&P 500 Value ETF Stock Up 0.8 %

iShares S&P 500 Value ETF stock opened at $194.14 on Friday. The firm has a market cap of $37.71 billion, a P/E ratio of 22.06 and a beta of 0.94. The business has a fifty day moving average of $194.52 and a two-hundred day moving average of $196.36. iShares S&P 500 Value ETF has a twelve month low of $176.09 and a twelve month high of $206.63.

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.