iShares S&P 500 Value ETF $IVE Shares Sold by Nicolet Bankshares Inc.

Nicolet Bankshares Inc. trimmed its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 16.6% in the third quarter, Holdings Channel.com reports. The firm owned 26,794 shares of the company’s stock after selling 5,344 shares during the quarter. iShares S&P 500 Value ETF comprises about 0.9% of Nicolet Bankshares Inc.’s portfolio, making the stock its 22nd largest position. Nicolet Bankshares Inc.’s holdings in iShares S&P 500 Value ETF were worth $5,533,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. United Services Automobile Association purchased a new position in iShares S&P 500 Value ETF during the second quarter worth approximately $26,000. Center for Financial Planning Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at $32,000. Tripletail Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at $37,000. Rossmore Private Capital acquired a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth $44,000. Finally, Cloud Capital Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth $45,000.

iShares S&P 500 Value ETF Trading Down 0.1%

Shares of IVE opened at $211.71 on Friday. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $223.05. The firm has a market capitalization of $47.83 billion, a P/E ratio of 20.70 and a beta of 0.89. The stock’s fifty day simple moving average is $218.23 and its 200 day simple moving average is $211.64.

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.