Keebeck Wealth Management Sells 3,822 Shares of iShares S&P 500 Value ETF $IVE

Keebeck Wealth Management lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.2% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 49,609 shares of the company’s stock after selling 3,822 shares during the period. iShares S&P 500 Value ETF comprises approximately 1.2% of Keebeck Wealth Management’s holdings, making the stock its 16th largest position. Keebeck Wealth Management’s holdings in iShares S&P 500 Value ETF were worth $10,475,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Brighton Jones LLC raised its stake in iShares S&P 500 Value ETF by 0.8% during the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after purchasing an additional 112 shares during the period. Great Lakes Advisors LLC lifted its holdings in iShares S&P 500 Value ETF by 6,385.7% in the 1st quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock worth $83,000 after purchasing an additional 447 shares in the last quarter. Schnieders Capital Management LLC. bought a new position in iShares S&P 500 Value ETF in the 2nd quarter worth approximately $550,000. Russell Investments Group Ltd. boosted its stake in iShares S&P 500 Value ETF by 28.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock worth $416,000 after purchasing an additional 477 shares during the period. Finally, First Trust Advisors LP grew its holdings in iShares S&P 500 Value ETF by 2.8% during the 2nd quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock valued at $5,184,000 after buying an additional 731 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $229.30 on Friday. The firm has a market cap of $48.49 billion, a P/E ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 1 year low of $193.90 and a 1 year high of $233.57. The company has a 50 day simple moving average of $228.00 and a two-hundred day simple moving average of $221.24.

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. 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.