Oxinas Partners LLC Reduces Stock Position in iShares S&P 500 Value ETF $IVE

Oxinas Partners LLC lowered its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 51.8% during the 4th quarter, HoldingsChannel reports. The fund owned 3,857 shares of the company’s stock after selling 4,137 shares during the period. Oxinas Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $818,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Decker Retirement Planning Inc. bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth $26,000. United Services Automobile Association purchased a new position in iShares S&P 500 Value ETF in the second quarter worth $26,000. Palisade Asset Management LLC purchased a new position in iShares S&P 500 Value ETF in the third quarter worth $29,000. Ransom Advisory Ltd purchased a new position in iShares S&P 500 Value ETF in the fourth quarter worth $31,000. Finally, Center for Financial Planning Inc. purchased a new position in iShares S&P 500 Value ETF in the third quarter worth $32,000.

iShares S&P 500 Value ETF Stock Up 0.3%

iShares S&P 500 Value ETF stock opened at $218.61 on Friday. The company has a market capitalization of $48.20 billion, a PE ratio of 20.70 and a beta of 0.85. The firm has a fifty day simple moving average of $216.09 and a two-hundred day simple moving average of $213.11. iShares S&P 500 Value ETF has a twelve month low of $172.13 and a twelve month high of $223.05.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.