iShares S&P 500 Value ETF (NYSEARCA:IVE) Stock Position Trimmed by Firethorn Wealth Partners LLC

Firethorn Wealth Partners LLC cut its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.5% during the 4th quarter, HoldingsChannel reports. The firm owned 19,279 shares of the company’s stock after selling 485 shares during the quarter. iShares S&P 500 Value ETF makes up about 1.8% of Firethorn Wealth Partners LLC’s investment portfolio, making the stock its 14th largest position. Firethorn Wealth Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $3,680,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. lifted its position in iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after purchasing an additional 76 shares during the last quarter. Northwest Investment Counselors LLC bought a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at about $31,000. Valued Wealth Advisors LLC bought a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at about $35,000. Perkins Coie Trust Co bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth about $35,000. Finally, Copley Financial Group Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth about $36,000.

iShares S&P 500 Value ETF Trading Down 0.2 %

IVE stock opened at $196.15 on Friday. iShares S&P 500 Value ETF has a 52 week low of $173.01 and a 52 week high of $206.63. The company has a market capitalization of $35.14 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The firm’s 50-day moving average is $196.45 and its two-hundred day moving average is $194.36.

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.