iShares S&P 500 Value ETF $IVE Stock Sold by Harbour Investments Inc.

Harbour Investments Inc. lessened its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 266,195 shares of the company’s stock after selling 10,379 shares during the period. iShares S&P 500 Value ETF accounts for approximately 0.9% of Harbour Investments Inc.’s investment portfolio, making the stock its 18th biggest position. Harbour Investments Inc. owned approximately 0.13% of iShares S&P 500 Value ETF worth $60,767,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. The Manufacturers Life Insurance Company acquired a new stake in iShares S&P 500 Value ETF in the 1st quarter worth about $92,702,000. Bank of America Corp DE increased its stake in iShares S&P 500 Value ETF by 2.0% during the 1st quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock worth $1,997,009,000 after buying an additional 182,358 shares in the last quarter. Kestra Advisory Services LLC increased its stake in iShares S&P 500 Value ETF by 43.7% during the 3rd quarter. Kestra Advisory Services LLC now owns 540,689 shares of the company’s stock worth $123,428,000 after buying an additional 164,404 shares in the last quarter. Lido Advisors LLC increased its stake in iShares S&P 500 Value ETF by 5.8% during the 3rd quarter. Lido Advisors LLC now owns 2,252,447 shares of the company’s stock worth $514,190,000 after buying an additional 122,809 shares in the last quarter. Finally, Scarborough Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the first quarter valued at approximately $19,329,000.

iShares S&P 500 Value ETF Stock Up 0.2%

Shares of iShares S&P 500 Value ETF stock traded up $0.48 during mid-day trading on Friday, reaching $242.16. 818,347 shares of the stock traded hands, compared to its average volume of 969,202. The stock has a market capitalization of $51.66 billion, a PE ratio of 22.47 and a beta of 0.82. The business has a 50-day moving average of $235.31 and a 200 day moving average of $227.30. iShares S&P 500 Value ETF has a fifty-two week low of $203.15 and a fifty-two week high of $244.72.

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. 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.