Navis Wealth Advisors LLC Has $263,000 Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Navis Wealth Advisors LLC decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,512 shares of the company’s stock after selling 131 shares during the quarter. Navis Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $263,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Peoples Bank KS bought a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at about $25,000. Allspring Global Investments Holdings LLC lifted its stake in iShares S&P 500 Value ETF by 700.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 160 shares of the company’s stock worth $25,000 after purchasing an additional 140 shares during the last quarter. First Pacific Financial acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at about $30,000. Sound Income Strategies LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at approximately $35,000. Finally, Wetzel Investment Advisors Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth $35,000.

iShares S&P 500 Value ETF Price Performance

IVE stock traded down $0.30 during midday trading on Friday, reaching $180.15. 440,677 shares of the stock were exchanged, compared to its average volume of 961,049. The stock has a market capitalization of $32.27 billion, a PE ratio of 23.38 and a beta of 0.84. The company has a fifty day moving average price of $181.38 and a 200 day moving average price of $171.79. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $187.24.

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.