iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lessened its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 19.0% in the fourth quarter, Holdings Channel reports. The firm owned 4,359 shares of the company’s stock after selling 1,023 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in iShares S&P 500 Value ETF were worth $760,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Peoples Bank KS acquired a new stake in iShares S&P 500 Value ETF in the third quarter valued at approximately $25,000. Allspring Global Investments Holdings LLC grew its position in 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 valued at $25,000 after acquiring an additional 140 shares in the last quarter. First Pacific Financial acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $30,000. Sound Income Strategies LLC acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $35,000. Finally, Wetzel Investment Advisors Inc. acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $35,000.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock traded up $1.51 during mid-day trading on Tuesday, reaching $181.22. 345,096 shares of the company were exchanged, compared to its average volume of 974,989. iShares S&P 500 Value ETF has a fifty-two week low of $147.23 and a fifty-two week high of $187.24. The company has a market capitalization of $32.52 billion, a P/E ratio of 23.70 and a beta of 0.87. The business’s 50 day simple moving average is $181.02 and its 200 day simple moving average is $171.17.

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.