iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Tiemann Investment Advisors LLC

Tiemann Investment Advisors LLC reduced its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,838 shares of the company’s stock after selling 103 shares during the period. Tiemann Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,496,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. QRG Capital Management Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth about $355,000. Summit Global Investments boosted its stake in shares of iShares S&P 500 Value ETF by 266.0% during the 3rd quarter. Summit Global Investments now owns 4,256 shares of the company’s stock worth $839,000 after acquiring an additional 3,093 shares in the last quarter. SpiderRock Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF by 33.5% in the 3rd quarter. SpiderRock Advisors LLC now owns 2,906 shares of the company’s stock valued at $573,000 after purchasing an additional 729 shares in the last quarter. Assetmark Inc. boosted its position in iShares S&P 500 Value ETF by 16.9% during the third quarter. Assetmark Inc. now owns 857 shares of the company’s stock worth $169,000 after purchasing an additional 124 shares in the last quarter. Finally, Lindbrook Capital LLC grew its holdings in iShares S&P 500 Value ETF by 2.6% in the third quarter. Lindbrook Capital LLC now owns 5,407 shares of the company’s stock valued at $1,066,000 after purchasing an additional 135 shares during the period.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $194.14 on Monday. The company’s fifty day moving average price is $194.52 and its 200 day moving average price is $196.40. The stock has a market capitalization of $37.71 billion, a P/E ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a 1 year low of $176.09 and a 1 year high of $206.63.

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.