Delta Investment Management LLC Decreases Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Delta Investment Management LLC cut its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 26,467 shares of the company’s stock after selling 511 shares during the period. iShares S&P 500 Value ETF makes up about 1.1% of Delta Investment Management LLC’s investment portfolio, making the stock its 21st largest holding. Delta Investment Management LLC’s holdings in iShares S&P 500 Value ETF were worth $4,602,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of IVE. Peoples Bank KS purchased a new position in iShares S&P 500 Value ETF in the third quarter worth about $25,000. Allspring Global Investments Holdings LLC grew its stake in shares of iShares S&P 500 Value ETF by 700.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 160 shares of the company’s stock worth $25,000 after acquiring an additional 140 shares during the period. First Pacific Financial bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth approximately $30,000. Sound Income Strategies LLC bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth approximately $35,000. Finally, Wetzel Investment Advisors Inc. bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth approximately $35,000.

iShares S&P 500 Value ETF Stock Down 0.2 %

Shares of IVE stock opened at $180.15 on Friday. The company has a 50 day moving average price of $181.38 and a 200-day moving average price of $171.79. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $187.24. The firm has a market capitalization of $32.27 billion, a PE ratio of 23.38 and a beta of 0.84.

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.