Carnegie Capital Asset Management LLC Trims Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Carnegie Capital Asset Management LLC reduced its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.3% in the 4th quarter, Holdings Channel reports. The firm owned 3,185 shares of the company’s stock after selling 108 shares during the quarter. Carnegie Capital Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $554,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in IVE. Peoples Bank KS acquired a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at $25,000. Allspring Global Investments Holdings LLC increased its holdings in iShares S&P 500 Value ETF by 700.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 160 shares of the company’s stock valued at $25,000 after purchasing an additional 140 shares in the last quarter. Fortis Capital Advisors LLC acquired a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at $28,000. First Pacific Financial acquired a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at $30,000. Finally, Hibernia Wealth Partners LLC acquired a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at $31,000.

iShares S&P 500 Value ETF Trading Down 0.5 %

Shares of NYSEARCA IVE opened at $176.74 on Wednesday. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $187.24. The company has a market cap of $31.72 billion, a P/E ratio of 23.70 and a beta of 0.87. The stock has a fifty day moving average price of $180.85 and a 200 day moving average price of $170.43.

About iShares S&P 500 Value ETF

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.