Cassady Schiller Wealth Management LLC Sells 240 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Cassady Schiller Wealth Management LLC reduced its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,996 shares of the company’s stock after selling 240 shares during the quarter. Cassady Schiller Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $381,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of IVE. LexAurum Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF by 47.2% in the 4th quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock worth $734,000 after buying an additional 1,233 shares during the last quarter. Financial Synergies Wealth Advisors Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 0.6% in the 4th quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock worth $5,480,000 after buying an additional 160 shares during the last quarter. DAVENPORT & Co LLC increased its holdings in shares of iShares S&P 500 Value ETF by 10.9% in the 4th quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock worth $722,000 after buying an additional 372 shares during the last quarter. Equitable Trust Co. bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth about $5,806,000. Finally, Empowered Funds LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth about $133,000.

iShares S&P 500 Value ETF Stock Up 1.6 %

iShares S&P 500 Value ETF stock opened at $188.81 on Monday. The company’s 50-day moving average price is $194.27 and its 200-day moving average price is $196.22. iShares S&P 500 Value ETF has a twelve month low of $176.09 and a twelve month high of $206.63. The company has a market cap of $36.68 billion, a PE ratio of 22.06 and a beta of 0.94.

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.