Patton Albertson Miller Group LLC Sells 127 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Patton Albertson Miller Group LLC cut its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.1% in the 1st quarter, Holdings Channel reports. The fund owned 6,061 shares of the company’s stock after selling 127 shares during the quarter. Patton Albertson Miller Group LLC’s holdings in iShares S&P 500 Value ETF were worth $1,155,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of IVE. Brighton Jones LLC raised its holdings 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 worth $2,679,000 after purchasing an additional 112 shares in the last quarter. Natixis Advisors LLC raised its position in iShares S&P 500 Value ETF by 11.9% in the 4th quarter. Natixis Advisors LLC now owns 33,732 shares of the company’s stock worth $6,439,000 after buying an additional 3,576 shares during the last quarter. Boston Partners purchased a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $1,052,000. GM Advisory Group LLC bought a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $289,000. Finally, Certus Wealth Management LLC grew its stake in shares of iShares S&P 500 Value ETF by 1.0% during the 4th quarter. Certus Wealth Management LLC now owns 13,727 shares of the company’s stock valued at $2,681,000 after purchasing an additional 131 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of iShares S&P 500 Value ETF stock opened at $197.59 on Friday. The stock’s fifty day moving average is $192.32 and its 200 day moving average is $190.31. The stock has a market cap of $39.59 billion, a P/E ratio of 20.70 and a beta of 0.94. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $206.63.

iShares S&P 500 Value ETF Company 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.