Family Asset Management LLC Sells 337 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Family Asset Management LLC lessened its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.8% in the third quarter, HoldingsChannel.com reports. The fund owned 18,481 shares of the company’s stock after selling 337 shares during the period. iShares S&P 500 Value ETF comprises approximately 2.2% of Family Asset Management LLC’s portfolio, making the stock its 11th biggest holding. Family Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $3,644,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Sutton Place Investors LLC lifted its stake in shares of iShares S&P 500 Value ETF by 9.3% in the second quarter. Sutton Place Investors LLC now owns 5,704 shares of the company’s stock valued at $1,038,000 after buying an additional 483 shares in the last quarter. NBC Securities Inc. increased its holdings in 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 buying an additional 536 shares during the last quarter. Financial Partners Group Inc increased its holdings in 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 buying an additional 74 shares during the last quarter. Ausdal Financial Partners Inc. increased its holdings in iShares S&P 500 Value ETF by 81.0% during 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 last quarter. Finally, Pinkerton Retirement Specialists LLC increased its holdings in iShares S&P 500 Value ETF by 9.5% during the first quarter. Pinkerton Retirement Specialists LLC now owns 172,362 shares of the company’s stock worth $32,199,000 after buying an additional 14,954 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 2.2 %

NYSEARCA IVE traded up $4.23 during trading hours on Wednesday, reaching $200.58. 56,520 shares of the company were exchanged, compared to its average volume of 674,233. The stock has a market capitalization of $35.93 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1 year low of $155.79 and a 1 year high of $201.45. The business’s 50 day simple moving average is $196.11 and its 200-day simple moving average is $188.64.

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.