Almanack Investment Partners LLC. Sells 120 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Almanack Investment Partners LLC. trimmed its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.1% in the 4th quarter, HoldingsChannel reports. The firm owned 2,218 shares of the company’s stock after selling 120 shares during the quarter. Almanack Investment Partners LLC.’s holdings in iShares S&P 500 Value ETF were worth $423,000 at the end of the most recent reporting period.

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

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $194.62 on Friday. The business has a 50 day simple moving average of $195.24 and a two-hundred day simple moving average of $195.10. iShares S&P 500 Value ETF has a 1 year low of $173.01 and a 1 year high of $206.63. The firm has a market capitalization of $34.87 billion, a PE 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.