iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Asset Management Group Inc.

Asset Management Group Inc. trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,507 shares of the company’s stock after selling 724 shares during the period. iShares S&P 500 Value ETF comprises 1.8% of Asset Management Group Inc.’s investment portfolio, making the stock its 19th largest position. Asset Management Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $10,353,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IVE. Sutton Place Investors LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 9.3% during the 2nd quarter. Sutton Place Investors LLC now owns 5,704 shares of the company’s stock valued at $1,038,000 after acquiring an additional 483 shares in the last quarter. NBC Securities Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 33.3% during the third quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock worth $423,000 after purchasing an additional 536 shares in the last quarter. Financial Partners Group Inc lifted its stake in shares of iShares S&P 500 Value ETF by 2.7% during the second quarter. Financial Partners Group Inc now owns 2,784 shares of the company’s stock worth $507,000 after purchasing an additional 74 shares in the last quarter. Ausdal Financial Partners Inc. boosted its position in shares of iShares S&P 500 Value ETF by 81.0% in the third quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock worth $9,110,000 after buying an additional 20,674 shares during the period. Finally, Concourse Financial Group Securities Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 7.0% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock valued at $10,501,000 after buying an additional 3,500 shares during the period.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $202.23 on Friday. The firm has a market capitalization of $36.23 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a one year low of $163.66 and a one year high of $203.67. The stock’s 50 day moving average price is $197.82 and its 200 day moving average price is $190.26.

iShares S&P 500 Value ETF Company 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.