iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Sterling Investment Counsel LLC

Sterling Investment Counsel LLC lowered its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 51.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,079 shares of the company’s stock after selling 5,471 shares during the quarter. iShares S&P 500 Value ETF makes up about 0.6% of Sterling Investment Counsel LLC’s portfolio, making the stock its 28th biggest holding. Sterling Investment Counsel LLC’s holdings in iShares S&P 500 Value ETF were worth $970,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in IVE. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of 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. Northwest Investment Counselors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at $31,000. Valued Wealth Advisors LLC purchased a new position in iShares S&P 500 Value ETF in the 3rd quarter worth about $35,000. Perkins Coie Trust Co acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter worth about $35,000. Finally, Copley Financial Group Inc. purchased a new stake in iShares S&P 500 Value ETF during the third quarter valued at about $36,000.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $198.12 on Tuesday. iShares S&P 500 Value ETF has a fifty-two week low of $173.01 and a fifty-two week high of $206.63. The firm’s 50 day simple moving average is $196.39 and its 200-day simple moving average is $194.62. The company has a market cap of $35.49 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.