White Pine Capital LLC Reduces Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

White Pine Capital LLC decreased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 8,246 shares of the company’s stock after selling 225 shares during the period. White Pine Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $1,434,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. DAVENPORT & Co LLC boosted its position in iShares S&P 500 Value ETF by 39.5% in the third quarter. DAVENPORT & Co LLC now owns 2,855 shares of the company’s stock valued at $439,000 after buying an additional 808 shares during the last quarter. Private Trust Co. NA boosted its position in iShares S&P 500 Value ETF by 3.8% in the third quarter. Private Trust Co. NA now owns 3,066 shares of the company’s stock valued at $472,000 after buying an additional 113 shares during the last quarter. Ballentine Partners LLC boosted its position in iShares S&P 500 Value ETF by 325.9% in the third quarter. Ballentine Partners LLC now owns 8,713 shares of the company’s stock valued at $1,340,000 after buying an additional 6,667 shares during the last quarter. Country Club Bank GFN boosted its position in iShares S&P 500 Value ETF by 3.3% in the third quarter. Country Club Bank GFN now owns 5,367 shares of the company’s stock valued at $827,000 after buying an additional 173 shares during the last quarter. Finally, Valeo Financial Advisors LLC boosted its position in iShares S&P 500 Value ETF by 1.0% in the third quarter. Valeo Financial Advisors LLC now owns 17,932 shares of the company’s stock valued at $2,759,000 after buying an additional 184 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE traded down $0.30 during trading hours on Friday, reaching $180.15. The stock had a trading volume of 440,677 shares, compared to its average volume of 961,049. iShares S&P 500 Value ETF has a 52-week low of $147.23 and a 52-week high of $187.24. The stock has a fifty day moving average of $181.38 and a 200 day moving average of $171.68. The stock has a market cap of $32.27 billion, a P/E ratio of 23.38 and a beta of 0.84.

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.