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

KMG Fiduciary Partners LLC trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 16.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 58,800 shares of the company’s stock after selling 11,407 shares during the period. iShares S&P 500 Value ETF accounts for about 0.9% of KMG Fiduciary Partners LLC’s holdings, making the stock its 23rd largest holding. KMG Fiduciary Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $12,470,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in IVE. Envestnet Asset Management Inc. increased its stake in iShares S&P 500 Value ETF by 5.4% in the third quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock valued at $4,568,288,000 after purchasing an additional 1,137,886 shares during the last quarter. Park Avenue Securities LLC lifted its position in shares of iShares S&P 500 Value ETF by 40.4% during the 4th quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock worth $523,293,000 after buying an additional 710,518 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 19.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock valued at $591,818,000 after buying an additional 484,782 shares in the last quarter. EP Wealth Advisors LLC grew its position in shares of iShares S&P 500 Value ETF by 795.8% in the 2nd quarter. EP Wealth Advisors LLC now owns 373,966 shares of the company’s stock valued at $73,081,000 after buying an additional 332,218 shares during the last quarter. Finally, Two Sigma Investments LP grew its position in shares of iShares S&P 500 Value ETF by 700.0% in the 3rd quarter. Two Sigma Investments LP now owns 327,200 shares of the company’s stock valued at $67,570,000 after buying an additional 286,300 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 1.2%

NYSEARCA:IVE opened at $207.57 on Friday. The company has a market capitalization of $46.89 billion, a PE ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $223.05. The stock’s 50 day moving average price is $216.98 and its 200 day moving average price is $212.12.

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.