Sanibel Captiva Trust Company Inc. Sells 1,525 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Sanibel Captiva Trust Company Inc. decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,939 shares of the company’s stock after selling 1,525 shares during the quarter. Sanibel Captiva Trust Company Inc.’s holdings in iShares S&P 500 Value ETF were worth $3,424,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares S&P 500 Value ETF by 100.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after buying an additional 76 shares during the last quarter. Northwest Investment Counselors LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth about $31,000. Valued Wealth Advisors LLC bought a new position in iShares S&P 500 Value ETF in the 3rd quarter worth about $35,000. Copley Financial Group Inc. purchased a new stake in iShares S&P 500 Value ETF during the 3rd quarter valued at about $36,000. Finally, Hobbs Group Advisors LLC bought a new stake in iShares S&P 500 Value ETF during the 3rd quarter valued at about $40,000.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE opened at $194.09 on Friday. The firm’s 50 day moving average price is $196.93 and its 200-day moving average price is $194.06. iShares S&P 500 Value ETF has a 52-week low of $170.13 and a 52-week high of $206.63. The company has a market cap of $34.77 billion, a PE ratio of 23.79 and a beta of 0.81.

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.