Tranquility Partners LLC Sells 622 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Tranquility Partners LLC lowered its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,493 shares of the company’s stock after selling 622 shares during the period. Tranquility Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $1,651,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Moneta Group Investment Advisors LLC increased its position in shares of iShares S&P 500 Value ETF by 106,784.6% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 135,983,973 shares of the company’s stock worth $19,727,195,000 after purchasing an additional 135,856,748 shares during the period. Goldman Sachs Group Inc. grew its position in iShares S&P 500 Value ETF by 4.5% in the first quarter. Goldman Sachs Group Inc. now owns 3,074,178 shares of the company’s stock valued at $478,711,000 after acquiring an additional 133,228 shares during the last quarter. Stifel Financial Corp grew its position in 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 last quarter. LPL Financial LLC grew its position in iShares S&P 500 Value ETF by 1.3% in the third quarter. LPL Financial LLC now owns 1,940,992 shares of the company’s stock valued at $298,602,000 after acquiring an additional 23,973 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in iShares S&P 500 Value ETF by 4.5% in 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 acquiring an additional 63,793 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.1 %

iShares S&P 500 Value ETF stock traded down $0.12 during midday trading on Wednesday, reaching $176.58. The company’s stock had a trading volume of 869,976 shares, compared to its average volume of 1,003,067. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $187.24. The business has a 50-day moving average price of $180.85 and a 200-day moving average price of $170.43. The stock has a market cap of $31.69 billion, a PE ratio of 23.70 and a beta of 0.87.

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.