Farmers & Merchants Investments Inc. Trims Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Farmers & Merchants Investments Inc. lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,067 shares of the company’s stock after selling 194 shares during the period. Farmers & Merchants Investments Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,540,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. LexAurum Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 47.2% during the 4th quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock valued at $734,000 after acquiring an additional 1,233 shares during the period. NBC Securities Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 33.3% during the third quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock valued at $423,000 after purchasing an additional 536 shares during the period. DAVENPORT & Co LLC boosted its stake in shares of iShares S&P 500 Value ETF by 10.9% during the fourth quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock valued at $722,000 after purchasing an additional 372 shares during the period. Financial Synergies Wealth Advisors Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 0.6% in the fourth quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock worth $5,480,000 after purchasing an additional 160 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. increased its stake in iShares S&P 500 Value ETF by 7.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock worth $10,501,000 after buying an additional 3,500 shares during the period.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $194.62 on Friday. The stock has a market cap of $34.87 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The firm has a 50-day moving average of $195.01 and a two-hundred day moving average of $195.14. iShares S&P 500 Value ETF has a 1 year low of $173.01 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.