Blue Trust Inc. Decreases Position in iShares S&P 500 Value ETF $IVE

Blue Trust Inc. cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 97,730 shares of the company’s stock after selling 11,911 shares during the period. Blue Trust Inc.’s holdings in iShares S&P 500 Value ETF were worth $20,636,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the business. Simplex Trading LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth $25,000. Hilton Head Capital Partners LLC bought a new position in iShares S&P 500 Value ETF in the fourth quarter worth about $25,000. Decker Retirement Planning Inc. acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $26,000. United Services Automobile Association acquired a new position in iShares S&P 500 Value ETF in the second quarter valued at approximately $26,000. Finally, Palisade Asset Management LLC bought a new position in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $29,000.

iShares S&P 500 Value ETF Stock Up 0.0%

iShares S&P 500 Value ETF stock opened at $226.29 on Thursday. The firm has a 50-day moving average price of $224.74 and a two-hundred day moving average price of $218.76. iShares S&P 500 Value ETF has a 52-week low of $192.17 and a 52-week high of $230.05. The firm has a market capitalization of $49.96 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.

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. 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.