iShares S&P 500 Value ETF (NYSEARCA:IVE) Stock Position Lowered by Disciplined Investments LLC

Disciplined Investments LLC decreased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 27.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,823 shares of the company’s stock after selling 1,437 shares during the quarter. Disciplined Investments LLC’s holdings in iShares S&P 500 Value ETF were worth $616,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Kwmg LLC increased its stake in shares of iShares S&P 500 Value ETF by 4.2% during the 2nd quarter. Kwmg LLC now owns 115,719 shares of the company’s stock worth $18,653,000 after purchasing an additional 4,657 shares during the last quarter. Clarus Wealth Advisors boosted its holdings in iShares S&P 500 Value ETF by 9.0% in the 2nd quarter. Clarus Wealth Advisors now owns 23,370 shares of the company’s stock valued at $3,735,000 after purchasing an additional 1,923 shares during the period. Thomasville National Bank boosted its holdings in iShares S&P 500 Value ETF by 8.6% in the 2nd quarter. Thomasville National Bank now owns 7,542 shares of the company’s stock valued at $1,216,000 after purchasing an additional 595 shares during the period. AE Wealth Management LLC boosted its holdings in iShares S&P 500 Value ETF by 129.2% in the 2nd quarter. AE Wealth Management LLC now owns 79,975 shares of the company’s stock valued at $12,891,000 after purchasing an additional 45,075 shares during the period. Finally, Smith Anglin Financial LLC boosted its holdings in iShares S&P 500 Value ETF by 4.1% in the 2nd quarter. Smith Anglin Financial LLC now owns 330,625 shares of the company’s stock valued at $53,293,000 after purchasing an additional 13,008 shares during the period.

iShares S&P 500 Value ETF Stock Down 1.1 %

iShares S&P 500 Value ETF stock traded down $1.80 during mid-day trading on Friday, reaching $161.17. The company had a trading volume of 478,654 shares, compared to its average volume of 687,601. iShares S&P 500 Value ETF has a 52 week low of $127.33 and a 52 week high of $167.62. The company has a 50 day moving average of $162.71 and a 200-day moving average of $156.17. The firm has a market cap of $25.48 billion, a price-to-earnings ratio of 15.85 and a beta of 0.94.

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.