J.W. Cole Advisors Inc. Has $10.83 Million Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

J.W. Cole Advisors Inc. lessened its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 62,279 shares of the company’s stock after selling 4,810 shares during the quarter. iShares S&P 500 Value ETF makes up 0.6% of J.W. Cole Advisors Inc.’s holdings, making the stock its 27th biggest holding. J.W. Cole Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $10,830,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sage Financial Group Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth $217,000. Financial Enhancement Group LLC grew its stake in shares of iShares S&P 500 Value ETF by 35.5% in the fourth quarter. Financial Enhancement Group LLC now owns 50,751 shares of the company’s stock worth $8,683,000 after purchasing an additional 13,298 shares during the last quarter. Cullen Frost Bankers Inc. grew its stake in shares of iShares S&P 500 Value ETF by 19.8% in the third quarter. Cullen Frost Bankers Inc. now owns 97,534 shares of the company’s stock worth $15,005,000 after purchasing an additional 16,129 shares during the last quarter. Smith Anglin Financial LLC grew its stake in shares of iShares S&P 500 Value ETF by 4.8% in the fourth quarter. Smith Anglin Financial LLC now owns 376,324 shares of the company’s stock worth $65,439,000 after purchasing an additional 17,236 shares during the last quarter. Finally, Edmonds Duncan Registered Investment Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 28.6% in the fourth quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 22,880 shares of the company’s stock worth $3,979,000 after purchasing an additional 5,095 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock traded up $1.48 during trading on Friday, hitting $178.39. The company’s stock had a trading volume of 655,300 shares, compared to its average volume of 990,912. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $187.24. The stock has a market cap of $32.01 billion, a price-to-earnings ratio of 23.70 and a beta of 0.87. The stock has a 50-day moving average price of $180.95 and a two-hundred day moving average price of $170.70.

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.