iShares S&P 500 Value ETF $IVE Shares Sold by Ameritas Investment Partners Inc.

Ameritas Investment Partners Inc. lessened its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.0% during the fourth quarter, HoldingsChannel reports. The fund owned 95,415 shares of the company’s stock after selling 5,025 shares during the period. iShares S&P 500 Value ETF comprises approximately 0.6% of Ameritas Investment Partners Inc.’s investment portfolio, making the stock its 22nd biggest holding. Ameritas Investment Partners Inc.’s holdings in iShares S&P 500 Value ETF were worth $20,235,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wellspring Financial Advisors LLC boosted its position in iShares S&P 500 Value ETF by 6.8% during the fourth quarter. Wellspring Financial Advisors LLC now owns 12,871 shares of the company’s stock worth $2,730,000 after purchasing an additional 816 shares in the last quarter. GWN Securities Inc. boosted its position in iShares S&P 500 Value ETF by 17.2% during the fourth quarter. GWN Securities Inc. now owns 12,021 shares of the company’s stock worth $2,549,000 after purchasing an additional 1,763 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in iShares S&P 500 Value ETF by 38.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 1,470,999 shares of the company’s stock worth $311,955,000 after purchasing an additional 405,698 shares in the last quarter. Deutsche Bank AG boosted its position in iShares S&P 500 Value ETF by 117.6% during the fourth quarter. Deutsche Bank AG now owns 4,287 shares of the company’s stock worth $909,000 after purchasing an additional 2,317 shares in the last quarter. Finally, Simplex Trading LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at $25,000.

iShares S&P 500 Value ETF Stock Down 0.8%

Shares of NYSEARCA:IVE opened at $224.68 on Thursday. iShares S&P 500 Value ETF has a 52-week low of $189.66 and a 52-week high of $229.53. The stock’s fifty day simple moving average is $222.05 and its 200-day simple moving average is $217.58. The company has a market capitalization of $49.61 billion, a P/E 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.