Bank of Stockton Sells 8,456 Shares of iShares S&P 500 Value ETF $IVE

Bank of Stockton reduced its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 20.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,900 shares of the company’s stock after selling 8,456 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 2.2% of Bank of Stockton’s investment portfolio, making the stock its 9th largest holding. Bank of Stockton’s holdings in iShares S&P 500 Value ETF were worth $7,510,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. CWA Asset Management Group LLC lifted its position in shares of iShares S&P 500 Value ETF by 4.5% in the 3rd quarter. CWA Asset Management Group LLC now owns 1,229 shares of the company’s stock worth $280,000 after purchasing an additional 53 shares during the period. Single Point Partners LLC boosted its stake in shares of iShares S&P 500 Value ETF by 32.1% during the third quarter. Single Point Partners LLC now owns 1,716 shares of the company’s stock valued at $392,000 after purchasing an additional 417 shares in the last quarter. Blue Zone Wealth Advisors LLC boosted its stake in shares of iShares S&P 500 Value ETF by 47.1% during the third quarter. Blue Zone Wealth Advisors LLC now owns 14,253 shares of the company’s stock valued at $3,254,000 after purchasing an additional 4,566 shares in the last quarter. Novem Group increased its holdings in iShares S&P 500 Value ETF by 8.7% during the third quarter. Novem Group now owns 1,445 shares of the company’s stock valued at $330,000 after buying an additional 116 shares during the period. Finally, Sterling Investment Counsel LLC increased its holdings in iShares S&P 500 Value ETF by 2.7% during the third quarter. Sterling Investment Counsel LLC now owns 10,003 shares of the company’s stock valued at $2,284,000 after buying an additional 263 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.1%

Shares of NYSEARCA:IVE opened at $235.16 on Tuesday. The company has a market capitalization of $49.76 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 52 week low of $203.15 and a 52 week high of $239.93. The firm has a 50 day moving average of $234.39 and a 200 day moving average of $228.93.

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.