iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Gallacher Capital Management LLC

Gallacher Capital Management LLC decreased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 31.6% in the 4th quarter, Holdings Channel reports. The firm owned 2,362 shares of the company’s stock after selling 1,089 shares during the quarter. Gallacher Capital Management LLC’s holdings in iShares S&P 500 Value ETF were worth $451,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in IVE. Chesapeake Wealth Management lifted its position in shares of iShares S&P 500 Value ETF by 3.8% during the 3rd quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock valued at $272,000 after acquiring an additional 50 shares during the period. West Coast Financial LLC increased its stake in iShares S&P 500 Value ETF by 0.3% in the 4th quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock valued at $3,137,000 after purchasing an additional 53 shares in the last quarter. SWP Financial LLC raised its holdings in iShares S&P 500 Value ETF by 0.4% during the fourth quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock worth $2,443,000 after purchasing an additional 54 shares during the last quarter. Roble Belko & Company Inc boosted its position in iShares S&P 500 Value ETF by 0.5% during the fourth quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock worth $2,145,000 after purchasing an additional 57 shares in the last quarter. Finally, Family Firm Inc. grew its holdings in iShares S&P 500 Value ETF by 0.5% in the fourth quarter. Family Firm Inc. now owns 10,464 shares of the company’s stock valued at $1,998,000 after purchasing an additional 57 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 1.6 %

Shares of IVE stock opened at $188.81 on Friday. iShares S&P 500 Value ETF has a fifty-two week low of $176.09 and a fifty-two week high of $206.63. The stock has a market cap of $36.68 billion, a P/E ratio of 22.06 and a beta of 0.94. The business has a fifty day simple moving average of $194.27 and a 200-day simple moving average of $196.20.

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.