RTD Financial Advisors Inc. Decreases Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

RTD Financial Advisors Inc. reduced its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.7% in the 4th quarter, Holdings Channel reports. The firm owned 75,758 shares of the company’s stock after selling 1,336 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 1.9% of RTD Financial Advisors Inc.’s portfolio, making the stock its 14th biggest position. RTD Financial Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $14,461,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Stifel Financial Corp raised its holdings in shares of iShares S&P 500 Value ETF by 2.5% during the 3rd quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock valued at $490,670,000 after buying an additional 60,868 shares during the period. PNC Financial Services Group Inc. grew its position in iShares S&P 500 Value ETF by 7.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after acquiring an additional 139,651 shares in the last quarter. International Assets Investment Management LLC raised its stake in shares of iShares S&P 500 Value ETF by 18,046.1% during the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after purchasing an additional 1,326,211 shares during the period. Huntington National Bank raised its stake in shares of iShares S&P 500 Value ETF by 6.9% during the third quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock valued at $206,225,000 after purchasing an additional 67,448 shares during the period. Finally, Park Avenue Securities LLC lifted its position in shares of iShares S&P 500 Value ETF by 5.8% during the fourth quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock worth $180,895,000 after purchasing an additional 51,773 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.2 %

IVE opened at $196.15 on Friday. iShares S&P 500 Value ETF has a twelve month low of $173.01 and a twelve month high of $206.63. The firm has a market cap of $35.14 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The company has a fifty day simple moving average of $196.39 and a 200 day simple moving average of $194.46.

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.