Bank Pictet & Cie Europe AG Reduces Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Bank Pictet & Cie Europe AG lowered its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 0.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 62,390 shares of the company’s stock after selling 420 shares during the period. Bank Pictet & Cie Europe AG’s holdings in iShares S&P 500 Value ETF were worth $11,909,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. increased its stake 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 worth $29,000 after buying an additional 76 shares during the last quarter. Kentucky Trust Co bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth $29,000. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth $31,000. Valued Wealth Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth $35,000. Finally, Perkins Coie Trust Co bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth $35,000.

iShares S&P 500 Value ETF Trading Down 0.2 %

Shares of NYSEARCA:IVE opened at $196.62 on Friday. The company has a fifty day simple moving average of $194.42 and a 200 day simple moving average of $195.38. The firm has a market cap of $35.22 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12-month low of $175.71 and a 12-month high of $206.63.

About iShares S&P 500 Value ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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