Larson Financial Group LLC Sells 70 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Larson Financial Group LLC lessened its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.9% during the fourth quarter, Holdings Channel reports. The fund owned 2,327 shares of the company’s stock after selling 70 shares during the period. Larson Financial Group LLC’s holdings in iShares S&P 500 Value ETF were worth $444,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of IVE. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of iShares S&P 500 Value ETF by 100.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after buying an additional 76 shares during the last quarter. Kentucky Trust Co bought a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at about $29,000. Providence First Trust Co bought a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at about $31,000. Centricity Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at about $34,000. Finally, Perkins Coie Trust Co bought a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at about $35,000.

iShares S&P 500 Value ETF Trading Down 1.6 %

Shares of NYSEARCA:IVE opened at $191.08 on Tuesday. The stock’s 50-day moving average price is $194.53 and its 200-day moving average price is $196.39. The stock has a market capitalization of $37.12 billion, a P/E ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a 12-month low of $176.09 and a 12-month 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.