Goldman Sachs Group Inc. Decreases Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Goldman Sachs Group Inc. reduced its stake in iShares S&P 500 Value ETF (NYSEARCA:IVEGet Rating) by 0.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,940,950 shares of the company’s stock after selling 28,127 shares during the quarter. Goldman Sachs Group Inc. owned about 1.84% of iShares S&P 500 Value ETF worth $460,641,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Magnus Financial Group LLC raised its position in shares of iShares S&P 500 Value ETF by 1.9% in the 4th quarter. Magnus Financial Group LLC now owns 14,261 shares of the company’s stock valued at $2,234,000 after purchasing an additional 266 shares during the last quarter. Captrust Financial Advisors increased its holdings in iShares S&P 500 Value ETF by 100.1% in the 3rd quarter. Captrust Financial Advisors now owns 60,481 shares of the company’s stock worth $8,795,000 after buying an additional 30,260 shares during the period. Brinker Capital Investments LLC increased its holdings in iShares S&P 500 Value ETF by 45.8% in the 4th quarter. Brinker Capital Investments LLC now owns 2,561 shares of the company’s stock worth $401,000 after buying an additional 804 shares during the period. Brighton Jones LLC increased its holdings in iShares S&P 500 Value ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 6,521 shares of the company’s stock worth $1,021,000 after buying an additional 213 shares during the period. Finally, Glenview Trust Co increased its holdings in iShares S&P 500 Value ETF by 7.2% in the 4th quarter. Glenview Trust Co now owns 11,179 shares of the company’s stock worth $1,751,000 after buying an additional 747 shares during the period.

NYSEARCA:IVE traded up $2.24 during midday trading on Friday, hitting $146.18. The company’s stock had a trading volume of 1,354,241 shares, compared to its average volume of 1,379,769. The firm’s 50 day moving average is $152.69 and its 200-day moving average is $153.23. iShares S&P 500 Value ETF has a fifty-two week low of $141.65 and a fifty-two week high of $160.38.

About iShares S&P 500 Value ETF (Get Rating)

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.

Further Reading

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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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