White Pine Capital LLC Trims Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

White Pine Capital LLC decreased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,246 shares of the company’s stock after selling 225 shares during the period. White Pine Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $1,434,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Stifel Financial Corp boosted its position in shares of iShares S&P 500 Value ETF by 1.3% in the third quarter. Stifel Financial Corp now owns 2,170,089 shares of the company’s stock valued at $333,847,000 after acquiring an additional 28,499 shares during the period. LPL Financial LLC lifted its position in iShares S&P 500 Value ETF by 1.3% during the third quarter. LPL Financial LLC now owns 1,940,992 shares of the company’s stock valued at $298,602,000 after purchasing an additional 23,973 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in iShares S&P 500 Value ETF by 4.5% during the third quarter. PNC Financial Services Group Inc. now owns 1,490,065 shares of the company’s stock valued at $229,232,000 after purchasing an additional 63,793 shares during the last quarter. US Bancorp DE lifted its position in iShares S&P 500 Value ETF by 0.8% during the third quarter. US Bancorp DE now owns 1,334,378 shares of the company’s stock valued at $204,727,000 after purchasing an additional 10,074 shares during the last quarter. Finally, Royal Bank of Canada lifted its position in iShares S&P 500 Value ETF by 7.2% during the third quarter. Royal Bank of Canada now owns 1,233,196 shares of the company’s stock valued at $189,715,000 after purchasing an additional 82,644 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock traded down $0.30 during mid-day trading on Friday, hitting $180.15. 440,677 shares of the company traded hands, compared to its average volume of 961,049. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $187.24. The stock has a market cap of $32.27 billion, a price-to-earnings ratio of 23.38 and a beta of 0.84. The stock has a fifty day moving average price of $181.38 and a 200-day moving average price of $171.68.

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.