Sequoia Financial Advisors LLC Has $1.82 Million Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Sequoia Financial Advisors LLC lowered its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 26.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,530 shares of the company’s stock after selling 3,343 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,819,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after purchasing an additional 76 shares during the period. Kentucky Trust Co bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at approximately $29,000. Providence First Trust Co bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at approximately $31,000. Centricity Wealth Management LLC bought a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $34,000. Finally, Perkins Coie Trust Co bought a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $35,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $188.81 on Friday. The firm has a market cap of $36.68 billion, a PE ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a one year low of $176.09 and a one year high of $206.63. The stock’s 50 day simple moving average is $194.27 and its 200 day simple moving average is $196.19.

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.