iShares S&P 500 Value ETF $IVE Stock: Parthenon LLC Reduces Stake

Parthenon LLC trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 96.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 925 shares of the company’s stock after selling 25,279 shares during the quarter. Parthenon LLC’s holdings in iShares S&P 500 Value ETF were worth $211,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of IVE. Curry Webb Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at about $28,000. NBT Bank N.A. purchased a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth approximately $835,000. Root Financial Partners LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth approximately $80,000. Precedent Wealth Partners LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth approximately $262,000. Finally, Foster Victor Wealth Advisors LLC raised its stake in shares of iShares S&P 500 Value ETF by 18.2% during the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 73,255 shares of the company’s stock worth $17,227,000 after acquiring an additional 11,274 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE traded down $1.35 during midday trading on Friday, reaching $238.12. 557,406 shares of the stock traded hands, compared to its average volume of 930,999. iShares S&P 500 Value ETF has a 12-month low of $203.15 and a 12-month high of $239.93. The business has a 50-day moving average of $234.46 and a two-hundred day moving average of $229.55. The stock has a market capitalization of $50.41 billion, a PE ratio of 20.70 and a beta of 0.83.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.