People s United Financial Inc. Sells 32,990 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

People s United Financial Inc. trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVEGet Rating) by 16.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 163,131 shares of the company’s stock after selling 32,990 shares during the period. People s United Financial Inc. owned 0.10% of iShares S&P 500 Value ETF worth $25,551,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Magnus Financial Group LLC boosted its holdings in iShares S&P 500 Value ETF by 1.9% during the fourth quarter. Magnus Financial Group LLC now owns 14,261 shares of the company’s stock worth $2,234,000 after purchasing an additional 266 shares during the last quarter. Captrust Financial Advisors grew its stake in iShares S&P 500 Value ETF by 100.1% during the third quarter. Captrust Financial Advisors now owns 60,481 shares of the company’s stock worth $8,795,000 after buying an additional 30,260 shares in the last quarter. Brinker Capital Investments LLC boosted its stake in shares of iShares S&P 500 Value ETF by 45.8% in the 4th quarter. Brinker Capital Investments LLC now owns 2,561 shares of the company’s stock valued at $401,000 after purchasing an additional 804 shares in the last quarter. Level Four Advisory Services LLC raised its holdings in iShares S&P 500 Value ETF by 0.8% in the 4th quarter. Level Four Advisory Services LLC now owns 27,886 shares of the company’s stock valued at $4,368,000 after buying an additional 234 shares during the last quarter. Finally, Brighton Jones LLC raised its holdings in iShares S&P 500 Value ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 6,521 shares of the company’s stock worth $1,021,000 after purchasing an additional 213 shares during the last quarter.

NYSEARCA IVE traded up $2.55 during mid-day trading on Monday, hitting $145.61. The company’s stock had a trading volume of 28,842 shares, compared to its average volume of 1,392,607. The company’s 50 day simple moving average is $152.32 and its 200 day simple moving average is $152.96. iShares S&P 500 Value ETF has a twelve month low of $140.30 and a twelve month high of $160.38.

iShares S&P 500 Value ETF Profile (Get Rating)

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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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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