Bryn Mawr Capital Management LLC Trims Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Bryn Mawr Capital Management LLC lessened its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,609 shares of the company’s stock after selling 350 shares during the period. Bryn Mawr Capital Management LLC’s holdings in iShares S&P 500 Value ETF were worth $2,366,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Peoples Bank KS bought a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter worth about $25,000. Allspring Global Investments Holdings LLC raised its stake in iShares S&P 500 Value ETF by 700.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 160 shares of the company’s stock valued at $25,000 after buying an additional 140 shares in the last quarter. First Pacific Financial bought a new position in iShares S&P 500 Value ETF during the 4th quarter worth approximately $30,000. Sound Income Strategies LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $35,000. Finally, Wetzel Investment Advisors Inc. bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at approximately $35,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock traded down $0.32 on Friday, hitting $180.13. 440,676 shares of the stock traded hands, compared to its average volume of 961,049. The company has a market capitalization of $32.27 billion, a PE ratio of 23.38 and a beta of 0.84. The company’s fifty day moving average is $181.38 and its 200 day moving average is $171.68. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $187.24.

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.