Liberty Wealth Management LLC Lowers Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Liberty Wealth Management LLC decreased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 86.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 57,660 shares of the company’s stock after selling 354,294 shares during the period. iShares S&P 500 Value ETF comprises approximately 1.9% of Liberty Wealth Management LLC’s holdings, making the stock its 16th biggest position. Liberty Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $11,368,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Sutton Place Investors LLC raised its stake in iShares S&P 500 Value ETF by 9.3% during the 2nd quarter. Sutton Place Investors LLC now owns 5,704 shares of the company’s stock worth $1,038,000 after acquiring an additional 483 shares during the period. NBC Securities Inc. raised its position in shares of iShares S&P 500 Value ETF by 33.3% during the 3rd quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock valued at $423,000 after purchasing an additional 536 shares during the period. Financial Partners Group Inc lifted its stake in shares of iShares S&P 500 Value ETF by 2.7% during the 2nd quarter. Financial Partners Group Inc now owns 2,784 shares of the company’s stock valued at $507,000 after buying an additional 74 shares in the last quarter. Ausdal Financial Partners Inc. boosted its holdings in iShares S&P 500 Value ETF by 81.0% in the 3rd 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 period. Finally, Pinkerton Retirement Specialists LLC increased its stake in iShares S&P 500 Value ETF by 9.5% in the 1st 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 in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.6 %

NYSEARCA:IVE opened at $201.82 on Friday. The business’s 50-day simple moving average is $196.49 and its two-hundred day simple moving average is $188.96. iShares S&P 500 Value ETF has a 52 week low of $155.79 and a 52 week high of $202.44. The stock has a market cap of $36.16 billion, a PE ratio of 23.79 and a beta of 0.81.

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.