iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Bank Pictet & Cie Europe AG

Bank Pictet & Cie Europe AG cut its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 62,390 shares of the company’s stock after selling 420 shares during the period. Bank Pictet & Cie Europe AG’s holdings in iShares S&P 500 Value ETF were worth $11,909,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Chesapeake Wealth Management lifted its position in iShares S&P 500 Value ETF by 3.8% during the third quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock valued at $272,000 after buying an additional 50 shares in the last quarter. West Coast Financial LLC lifted its position in iShares S&P 500 Value ETF by 0.3% during the fourth quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock valued at $3,137,000 after buying an additional 53 shares in the last quarter. SWP Financial LLC lifted its position in iShares S&P 500 Value ETF by 0.4% during the fourth quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock valued at $2,443,000 after buying an additional 54 shares in the last quarter. GDS Wealth Management lifted its position in iShares S&P 500 Value ETF by 3.3% during the third quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock valued at $348,000 after buying an additional 56 shares in the last quarter. Finally, Roble Belko & Company Inc lifted its position in iShares S&P 500 Value ETF by 0.5% during the fourth quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock valued at $2,145,000 after buying an additional 57 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.2 %

Shares of IVE stock opened at $196.62 on Friday. The stock has a market cap of $35.22 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a fifty-two week low of $175.71 and a fifty-two week high of $206.63. The firm’s 50 day moving average price is $194.42 and its two-hundred day moving average price is $195.38.

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.