ONE Advisory Partners LLC cut its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 93.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 5,227 shares of the company’s stock after selling 71,235 shares during the quarter. ONE Advisory Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $1,193,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Krilogy Financial LLC increased its position in shares of iShares S&P 500 Value ETF by 52.0% during the 3rd quarter. Krilogy Financial LLC now owns 10,291 shares of the company’s stock valued at $2,407,000 after purchasing an additional 3,522 shares during the last quarter. CX Institutional boosted its holdings in shares of iShares S&P 500 Value ETF by 7.4% in the third quarter. CX Institutional now owns 215,726 shares of the company’s stock worth $49,246,000 after buying an additional 14,951 shares during the last quarter. Amundi grew its position in iShares S&P 500 Value ETF by 18.1% during the second quarter. Amundi now owns 59,900 shares of the company’s stock valued at $13,601,000 after buying an additional 9,200 shares during the period. PAX Financial Group LLC grew its position in iShares S&P 500 Value ETF by 3.3% during the first quarter. PAX Financial Group LLC now owns 144,883 shares of the company’s stock valued at $30,592,000 after buying an additional 4,640 shares during the period. Finally, Venturi Wealth Management LLC grew its position in iShares S&P 500 Value ETF by 63.2% during the first quarter. Venturi Wealth Management LLC now owns 20,380 shares of the company’s stock valued at $4,303,000 after buying an additional 7,892 shares during the period.
iShares S&P 500 Value ETF Trading Down 0.6%
IVE stock traded down $1.35 during midday trading on Friday, reaching $238.12. 557,406 shares of the company’s stock traded hands, compared to its average volume of 930,999. iShares S&P 500 Value ETF has a 52-week low of $203.15 and a 52-week high of $239.93. The stock has a market cap of $50.41 billion, a P/E ratio of 20.70 and a beta of 0.83. The stock’s 50-day moving average is $234.46 and its 200 day moving average is $229.55.
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.
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Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report).
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