Braun Bostich & Associates Inc. Sells 974 Shares of iShares S&P 500 Value ETF (IVE)

Braun Bostich & Associates Inc. cut its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 65.6% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 510 shares of the company’s stock after selling 974 shares during the quarter. Braun Bostich & Associates Inc.’s holdings in iShares S&P 500 Value ETF were worth $57,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Newman Dignan & Sheerar Inc. boosted its position in shares of iShares S&P 500 Value ETF by 6.5% in the 1st quarter. Newman Dignan & Sheerar Inc. now owns 4,579 shares of the company’s stock worth $516,000 after buying an additional 280 shares in the last quarter. Traynor Capital Management Inc. boosted its position in shares of iShares S&P 500 Value ETF by 0.4% in the 1st quarter. Traynor Capital Management Inc. now owns 83,813 shares of the company’s stock worth $9,449,000 after buying an additional 302 shares in the last quarter. Trustcore Financial Services LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter worth about $108,000. Security National Trust Co. boosted its position in shares of iShares S&P 500 Value ETF by 2.6% in the 1st quarter. Security National Trust Co. now owns 36,940 shares of the company’s stock worth $4,165,000 after buying an additional 945 shares in the last quarter. Finally, Regal Wealth Group Inc. boosted its position in shares of iShares S&P 500 Value ETF by 31.3% in the 1st quarter. Regal Wealth Group Inc. now owns 151,323 shares of the company’s stock worth $17,060,000 after buying an additional 36,043 shares in the last quarter.

NYSEARCA:IVE opened at $111.94 on Friday. iShares S&P 500 Value ETF has a 12-month low of $94.72 and a 12-month high of $118.81.

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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.

Read More: Understanding Price to Earnings Ratio (PE)

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).

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

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