Koss Olinger Consulting LLC lowered its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 11.2% during the fourth quarter, Holdings Channel reports. The firm owned 139,511 shares of the company’s stock after selling 17,600 shares during the quarter. iShares S&P 500 Value ETF makes up about 2.3% of Koss Olinger Consulting LLC’s portfolio, making the stock its 10th largest holding. Koss Olinger Consulting LLC’s holdings in iShares S&P 500 Value ETF were worth $29,586,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in IVE. Decker Retirement Planning Inc. acquired a new position in iShares S&P 500 Value ETF in the 4th quarter valued at about $26,000. United Services Automobile Association acquired a new position in iShares S&P 500 Value ETF in the 2nd quarter valued at about $26,000. Palisade Asset Management LLC acquired a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at about $29,000. Ransom Advisory Ltd acquired a new position in iShares S&P 500 Value ETF in the 4th quarter valued at about $31,000. Finally, Birchbrook Inc. acquired a new position in iShares S&P 500 Value ETF in the 4th quarter valued at about $31,000.
iShares S&P 500 Value ETF Stock Down 0.2%
Shares of IVE stock opened at $227.92 on Friday. The stock has a market capitalization of $50.32 billion, a PE ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 52-week low of $187.50 and a 52-week high of $228.95. The stock’s 50-day moving average price is $219.24 and its 200 day moving average price is $216.48.
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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.
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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 – Free Report).
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