Florin Court Capital LLP Reduces Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Florin Court Capital LLP trimmed its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 25.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 39,100 shares of the company’s stock after selling 13,500 shares during the quarter. iShares S&P 500 Value ETF accounts for 7.7% of Florin Court Capital LLP’s portfolio, making the stock its 5th biggest holding. Florin Court Capital LLP’s holdings in iShares S&P 500 Value ETF were worth $7,463,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. Concurrent Investment Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 109.0% in the fourth quarter. Concurrent Investment Advisors LLC now owns 89,419 shares of the company’s stock worth $17,068,000 after acquiring an additional 46,643 shares in the last quarter. Advyzon Investment Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth $218,000. Unionview LLC raised its stake in shares of iShares S&P 500 Value ETF by 8.1% in the fourth quarter. Unionview LLC now owns 1,701 shares of the company’s stock worth $325,000 after purchasing an additional 127 shares during the last quarter. Wealth Alliance raised its stake in shares of iShares S&P 500 Value ETF by 2.0% in the fourth quarter. Wealth Alliance now owns 89,492 shares of the company’s stock worth $17,082,000 after purchasing an additional 1,772 shares during the last quarter. Finally, Ieq Capital LLC raised its stake in shares of iShares S&P 500 Value ETF by 83.7% in the fourth quarter. Ieq Capital LLC now owns 99,907 shares of the company’s stock worth $19,070,000 after purchasing an additional 45,525 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

IVE stock opened at $198.47 on Friday. iShares S&P 500 Value ETF has a 1-year low of $176.09 and a 1-year high of $206.63. The business has a fifty day moving average price of $194.17 and a 200-day moving average price of $195.65. The stock has a market capitalization of $36.20 billion, a P/E ratio of 22.47 and a beta of 0.95.

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.