Bridges Investment Management Inc. reduced its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 25.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,055 shares of the company’s stock after selling 4,080 shares during the quarter. Bridges Investment Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,557,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. acquired a new position in iShares S&P 500 Value ETF during the fourth quarter worth $26,000. United Services Automobile Association acquired a new position in iShares S&P 500 Value ETF during the second quarter worth $26,000. Palisade Asset Management LLC acquired a new position in iShares S&P 500 Value ETF during the third quarter worth $29,000. Ransom Advisory Ltd acquired a new position in iShares S&P 500 Value ETF during the fourth quarter worth $31,000. Finally, Birchbrook Inc. acquired a new position in iShares S&P 500 Value ETF during the fourth quarter worth $31,000.
iShares S&P 500 Value ETF Price Performance
iShares S&P 500 Value ETF stock opened at $227.06 on Thursday. The company has a market capitalization of $50.13 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a one year low of $189.34 and a one year high of $228.95. The company’s fifty day moving average price is $220.33 and its two-hundred day moving average price is $216.87.
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.
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