Navalign LLC Lowers Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Navalign LLC trimmed its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 12.2% during the 4th quarter, Holdings Channel reports. The fund owned 3,227 shares of the company’s stock after selling 449 shares during the quarter. Navalign LLC’s holdings in iShares S&P 500 Value ETF were worth $561,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Cullen Frost Bankers Inc. boosted its holdings in iShares S&P 500 Value ETF by 19.8% during the third quarter. Cullen Frost Bankers Inc. now owns 97,534 shares of the company’s stock worth $15,005,000 after buying an additional 16,129 shares in the last quarter. Sage Financial Group Inc. acquired a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at $217,000. SOA Wealth Advisors LLC. increased its holdings in iShares S&P 500 Value ETF by 4.2% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 7,642 shares of the company’s stock worth $1,176,000 after acquiring an additional 306 shares in the last quarter. Smith Anglin Financial LLC lifted its holdings in iShares S&P 500 Value ETF by 4.8% during the fourth quarter. Smith Anglin Financial LLC now owns 376,324 shares of the company’s stock valued at $65,439,000 after purchasing an additional 17,236 shares in the last quarter. Finally, Western Wealth Management LLC increased its stake in shares of iShares S&P 500 Value ETF by 0.3% during the second quarter. Western Wealth Management LLC now owns 46,649 shares of the company’s stock worth $7,519,000 after purchasing an additional 139 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

IVE stock traded up $0.66 during trading on Thursday, hitting $186.77. The stock had a trading volume of 715,969 shares, compared to its average volume of 1,067,537. iShares S&P 500 Value ETF has a twelve month low of $147.23 and a twelve month high of $187.24. The company’s 50-day moving average price is $178.49 and its two-hundred day moving average price is $167.96. The stock has a market capitalization of $29.53 billion, a P/E ratio of 15.85 and a beta of 0.94.

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.