Stegner Investment Associates Inc. Reduces Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Stegner Investment Associates Inc. decreased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,114 shares of the company’s stock after selling 99 shares during the period. iShares S&P 500 Value ETF comprises about 2.2% of Stegner Investment Associates Inc.’s holdings, making the stock its 9th largest position. Stegner Investment Associates Inc.’s holdings in iShares S&P 500 Value ETF were worth $3,267,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Chesapeake Wealth Management grew its stake in shares of iShares S&P 500 Value ETF by 3.8% in the 3rd quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock worth $272,000 after acquiring an additional 50 shares in the last quarter. West Coast Financial LLC increased its stake in iShares S&P 500 Value ETF by 0.3% in the 4th quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock valued at $3,137,000 after buying an additional 53 shares during the last quarter. SWP Financial LLC increased its stake in iShares S&P 500 Value ETF by 0.4% in the 4th quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock valued at $2,443,000 after buying an additional 54 shares during the last quarter. GDS Wealth Management lifted its position in shares of iShares S&P 500 Value ETF by 3.3% during the 3rd quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock worth $348,000 after buying an additional 56 shares in the last quarter. Finally, Roble Belko & Company Inc boosted its stake in shares of iShares S&P 500 Value ETF by 0.5% in the 4th quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock worth $2,145,000 after buying an additional 57 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 1.6 %

IVE stock opened at $192.25 on Wednesday. The firm has a market cap of $35.07 billion, a PE ratio of 22.47 and a beta of 0.95. The business has a 50 day moving average of $194.52 and a 200-day moving average of $196.35. iShares S&P 500 Value ETF has a 12-month low of $176.09 and a 12-month high of $206.63.

About iShares S&P 500 Value ETF

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.