Kerntke Otto McGlone Wealth Management Group trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Get Rating) by 7.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,450 shares of the company’s stock after selling 123 shares during the quarter. Kerntke Otto McGlone Wealth Management Group’s holdings in iShares S&P 500 Value ETF were worth $210,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. Pacific Financial Group Inc. increased its position in shares of iShares S&P 500 Value ETF by 5.0% during the fourth quarter. Pacific Financial Group Inc. now owns 38,150 shares of the company’s stock valued at $5,534,000 after acquiring an additional 1,801 shares during the last quarter. Personal Capital Advisors Corp increased its position in iShares S&P 500 Value ETF by 47.7% in the fourth quarter. Personal Capital Advisors Corp now owns 4,467 shares of the company’s stock worth $648,000 after buying an additional 1,442 shares during the last quarter. Probity Advisors Inc. increased its position in iShares S&P 500 Value ETF by 0.5% in the fourth quarter. Probity Advisors Inc. now owns 323,805 shares of the company’s stock worth $46,974,000 after buying an additional 1,727 shares during the last quarter. RFG Advisory LLC purchased a new stake in iShares S&P 500 Value ETF in the fourth quarter worth $1,316,000. Finally, Harbour Investments Inc. grew its position in shares of iShares S&P 500 Value ETF by 9.9% in the fourth quarter. Harbour Investments Inc. now owns 22,735 shares of the company’s stock valued at $3,298,000 after purchasing an additional 2,047 shares in the last quarter.
iShares S&P 500 Value ETF Stock Performance
Shares of NYSEARCA IVE opened at $158.50 on Thursday. The stock has a market cap of $25.31 billion, a PE ratio of 15.85 and a beta of 0.94. iShares S&P 500 Value ETF has a fifty-two week low of $127.33 and a fifty-two week high of $160.30. The stock has a fifty day moving average of $152.81 and a 200-day moving average of $150.96.
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.
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