Goldman Sachs Group Inc. Reduces Stock Holdings in iShares S&P 500 Value ETF $IVE

Goldman Sachs Group Inc. reduced its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 26.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,151,928 shares of the company’s stock after selling 411,090 shares during the period. Goldman Sachs Group Inc. owned 0.51% of iShares S&P 500 Value ETF worth $244,289,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in IVE. Brighton Jones LLC increased its stake in iShares S&P 500 Value ETF by 0.8% in the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after purchasing an additional 112 shares during the last quarter. Great Lakes Advisors LLC increased its stake in iShares S&P 500 Value ETF by 6,385.7% in the first quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock valued at $83,000 after purchasing an additional 447 shares during the last quarter. Schnieders Capital Management LLC. purchased a new position in iShares S&P 500 Value ETF in the second quarter valued at approximately $550,000. Russell Investments Group Ltd. increased its stake in iShares S&P 500 Value ETF by 28.8% in the second quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock valued at $416,000 after purchasing an additional 477 shares during the last quarter. Finally, First Trust Advisors LP increased its stake in iShares S&P 500 Value ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock valued at $5,184,000 after purchasing an additional 731 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 1.1%

Shares of iShares S&P 500 Value ETF stock opened at $226.54 on Friday. The firm has a market capitalization of $50.02 billion, a P/E ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 52 week low of $189.66 and a 52 week high of $229.53. The firm’s 50 day moving average is $221.01 and its two-hundred day moving average is $217.08.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.