Brown Advisory Inc. Sells 295 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Brown Advisory Inc. reduced its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,129 shares of the company’s stock after selling 295 shares during the period. Brown Advisory Inc.’s holdings in iShares S&P 500 Value ETF were worth $5,065,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Ellis Investment Partners LLC raised its position in iShares S&P 500 Value ETF by 0.4% in the 4th quarter. Ellis Investment Partners LLC now owns 15,815 shares of the company’s stock valued at $2,750,000 after buying an additional 63 shares during the last quarter. Trifecta Capital Advisors LLC raised its position in iShares S&P 500 Value ETF by 2.0% in the 4th quarter. Trifecta Capital Advisors LLC now owns 3,401 shares of the company’s stock valued at $591,000 after buying an additional 66 shares during the last quarter. Oxinas Partners Wealth Management LLC raised its position in iShares S&P 500 Value ETF by 1.1% in the 4th quarter. Oxinas Partners Wealth Management LLC now owns 6,529 shares of the company’s stock valued at $1,135,000 after buying an additional 71 shares during the last quarter. Financial Counselors Inc. increased its position in shares of iShares S&P 500 Value ETF by 0.7% during the 4th quarter. Financial Counselors Inc. now owns 10,184 shares of the company’s stock valued at $1,771,000 after purchasing an additional 71 shares during the last quarter. Finally, Fort Pitt Capital Group LLC increased its position in shares of iShares S&P 500 Value ETF by 5.4% during the 3rd quarter. Fort Pitt Capital Group LLC now owns 1,394 shares of the company’s stock valued at $214,000 after purchasing an additional 72 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $185.39 on Thursday. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $187.24. The firm has a market cap of $33.21 billion, a PE ratio of 23.79 and a beta of 0.81. The stock has a fifty day moving average price of $182.45 and a 200-day moving average price of $175.66.

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.