Lindbrook Capital LLC Reduces Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Lindbrook Capital LLC trimmed its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,316 shares of the company’s stock after selling 91 shares during the quarter. Lindbrook Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $1,015,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at $311,273,000. USA Financial Formulas acquired a new position in iShares S&P 500 Value ETF during the 4th quarter worth about $77,191,000. PNC Financial Services Group Inc. lifted its stake in iShares S&P 500 Value ETF by 7.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after acquiring an additional 139,651 shares in the last quarter. Kovitz Investment Group Partners LLC raised its position in iShares S&P 500 Value ETF by 28.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock valued at $120,955,000 after purchasing an additional 136,769 shares in the last quarter. Finally, World Investment Advisors LLC raised its position in iShares S&P 500 Value ETF by 1,511.5% in the 3rd quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock valued at $22,220,000 after purchasing an additional 105,334 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

IVE stock opened at $193.79 on Thursday. The firm has a market capitalization of $35.35 billion, a P/E ratio of 22.47 and a beta of 0.95. The business’s 50-day moving average is $194.52 and its two-hundred day moving average is $196.33. iShares S&P 500 Value ETF has a 1 year low of $176.09 and a 1 year high of $206.63.

iShares S&P 500 Value ETF Company 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.