iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. reduced its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 12.5% during the fourth quarter, Holdings Channel reports. The firm owned 2,091 shares of the company’s stock after selling 300 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in iShares S&P 500 Value ETF were worth $396,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IVE. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after buying an additional 76 shares in the last quarter. Northwest Investment Counselors LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at $31,000. Valued Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at $35,000. Perkins Coie Trust Co purchased a new position in iShares S&P 500 Value ETF in the 4th quarter worth about $35,000. Finally, Copley Financial Group Inc. acquired a new stake in iShares S&P 500 Value ETF during the 3rd quarter worth about $36,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $196.15 on Friday. iShares S&P 500 Value ETF has a one year low of $173.01 and a one year high of $206.63. The company has a 50-day moving average of $196.45 and a two-hundred day moving average of $194.36. The stock has a market cap of $35.14 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.