Concurrent Investment Advisors LLC Sells 4,326 Shares of iShares S&P 500 Value ETF $IVE

Concurrent Investment Advisors LLC trimmed its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,705 shares of the company’s stock after selling 4,326 shares during the period. Concurrent Investment Advisors LLC owned approximately 0.05% of iShares S&P 500 Value ETF worth $26,045,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC increased its position in shares of iShares S&P 500 Value ETF by 0.8% during the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after purchasing an additional 112 shares during the last quarter. Great Lakes Advisors LLC grew its position in iShares S&P 500 Value ETF by 6,385.7% in the 1st quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock valued at $83,000 after acquiring an additional 447 shares during the last quarter. Schnieders Capital Management LLC. bought a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth $550,000. Russell Investments Group Ltd. lifted its position in shares of iShares S&P 500 Value ETF by 28.8% during the second quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock worth $416,000 after purchasing an additional 477 shares during the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of iShares S&P 500 Value ETF by 2.8% during the second quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock valued at $5,184,000 after purchasing an additional 731 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $238.37 on Friday. iShares S&P 500 Value ETF has a 1-year low of $201.22 and a 1-year high of $239.93. The company has a 50-day moving average of $233.38 and a 200 day moving average of $225.04. The firm has a market capitalization of $50.38 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.

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. 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.