Segment Wealth Management LLC Lowers Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Segment Wealth Management LLC cut its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,194 shares of the company’s stock after selling 140 shares during the quarter. Segment Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $228,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after purchasing an additional 76 shares in the last quarter. Northwest Investment Counselors LLC purchased a new stake in iShares S&P 500 Value ETF in the 3rd quarter worth $31,000. Valued Wealth Advisors LLC bought a new stake in iShares S&P 500 Value ETF during the third quarter valued at about $35,000. Perkins Coie Trust Co purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at about $35,000. Finally, Copley Financial Group Inc. bought a new position in shares of iShares S&P 500 Value ETF in the third quarter worth about $36,000.

iShares S&P 500 Value ETF Trading Up 0.8 %

Shares of IVE opened at $195.66 on Wednesday. iShares S&P 500 Value ETF has a 12-month low of $172.85 and a 12-month high of $206.63. The company has a market capitalization of $35.05 billion, a PE ratio of 23.79 and a beta of 0.81. The business’s 50 day moving average is $196.76 and its 200 day moving average is $194.23.

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.