First County Bank CT Sells 762 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

First County Bank CT lessened its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 31.3% in the fourth quarter, HoldingsChannel reports. The fund owned 1,670 shares of the company’s stock after selling 762 shares during the period. First County Bank CT’s holdings in iShares S&P 500 Value ETF were worth $319,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its stake in iShares S&P 500 Value ETF by 18,046.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after purchasing an additional 1,326,211 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the second quarter valued at about $82,555,000. Envestnet Asset Management Inc. grew its stake in shares of iShares S&P 500 Value ETF by 3.5% in the second quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock valued at $2,253,356,000 after acquiring an additional 420,007 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of iShares S&P 500 Value ETF by 43.2% in the second quarter. The Manufacturers Life Insurance Company now owns 918,220 shares of the company’s stock valued at $167,125,000 after acquiring an additional 277,110 shares in the last quarter. Finally, LPL Financial LLC increased its position in iShares S&P 500 Value ETF by 4.9% during the second quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock worth $775,111,000 after acquiring an additional 200,427 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.3 %

NYSEARCA IVE opened at $191.01 on Wednesday. iShares S&P 500 Value ETF has a 12-month low of $170.13 and a 12-month high of $206.63. The firm has a 50-day moving average price of $197.93 and a two-hundred day moving average price of $193.63. The company has a market capitalization of $34.22 billion, a P/E 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.