Kovitz Investment Group Partners LLC Lowers Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Kovitz Investment Group Partners LLC cut its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 12.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,202 shares of the company’s stock after selling 312 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $339,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Nwam LLC boosted its position in iShares S&P 500 Value ETF by 9.6% during the 2nd quarter. Nwam LLC now owns 12,070 shares of the company’s stock valued at $1,946,000 after acquiring an additional 1,058 shares in the last quarter. Cullen Frost Bankers Inc. raised its holdings in iShares S&P 500 Value ETF by 19.8% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 97,534 shares of the company’s stock worth $15,005,000 after acquiring an additional 16,129 shares during the last quarter. SOA Wealth Advisors LLC. raised its stake in iShares S&P 500 Value ETF by 4.2% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 7,642 shares of the company’s stock valued at $1,176,000 after buying an additional 306 shares during the last quarter. Western Wealth Management LLC raised its stake in iShares S&P 500 Value ETF by 0.3% during the 2nd quarter. Western Wealth Management LLC now owns 46,649 shares of the company’s stock valued at $7,519,000 after buying an additional 139 shares during the last quarter. Finally, US Bancorp DE raised its stake in iShares S&P 500 Value ETF by 0.8% during the 3rd quarter. US Bancorp DE now owns 1,334,378 shares of the company’s stock valued at $204,727,000 after buying an additional 10,074 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.1 %

Shares of IVE opened at $175.48 on Monday. iShares S&P 500 Value ETF has a 1-year low of $142.56 and a 1-year high of $176.34. The firm has a fifty day simple moving average of $172.76 and a two-hundred day simple moving average of $163.73. The firm has a market cap of $27.74 billion, a PE ratio of 15.85 and a beta of 0.94.

iShares S&P 500 Value ETF Profile

(Free Report)

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.

Further Reading

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:IVEFree Report).

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

Receive News & Ratings for iShares S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.