iShares S&P 500 Value ETF (NYSEARCA:IVE) Position Decreased by Courier Capital LLC

Courier Capital LLC cut its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 296,404 shares of the company’s stock after selling 4,395 shares during the quarter. iShares S&P 500 Value ETF comprises approximately 4.0% of Courier Capital LLC’s investment portfolio, making the stock its 3rd biggest holding. Courier Capital LLC owned 0.17% of iShares S&P 500 Value ETF worth $55,371,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in IVE. Vima LLC acquired a new position in iShares S&P 500 Value ETF during the fourth quarter valued at $27,000. Northwest Investment Counselors LLC acquired a new position in iShares S&P 500 Value ETF during the first quarter valued at $29,000. First Pacific Financial acquired a new position in iShares S&P 500 Value ETF during the fourth quarter valued at $30,000. Sound Income Strategies LLC acquired a new position in iShares S&P 500 Value ETF during the fourth quarter valued at $35,000. Finally, Wetzel Investment Advisors Inc. acquired a new position in iShares S&P 500 Value ETF during the fourth quarter valued at $35,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE traded up $0.18 on Friday, reaching $182.01. 426,125 shares of the company’s stock traded hands, compared to its average volume of 800,868. The stock has a 50 day moving average price of $182.41 and a 200-day moving average price of $179.15. The firm has a market cap of $32.61 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a fifty-two week low of $147.23 and a fifty-two week high of $187.24.

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.