Family Asset Management LLC Sells 984 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Family Asset Management LLC reduced its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,882 shares of the company’s stock after selling 984 shares during the period. iShares S&P 500 Value ETF comprises 2.3% of Family Asset Management LLC’s investment portfolio, making the stock its 12th largest holding. Family Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $3,457,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IVE. Ellis Investment Partners LLC increased its stake in shares of iShares S&P 500 Value ETF by 0.4% in the fourth quarter. Ellis Investment Partners LLC now owns 15,815 shares of the company’s stock valued at $2,750,000 after buying an additional 63 shares during the period. Cadinha & Co. LLC increased its position in iShares S&P 500 Value ETF by 1.0% during the 3rd quarter. Cadinha & Co. LLC now owns 6,360 shares of the company’s stock valued at $978,000 after purchasing an additional 66 shares during the period. Trifecta Capital Advisors LLC raised its holdings in iShares S&P 500 Value ETF by 2.0% during the 4th quarter. Trifecta Capital Advisors LLC now owns 3,401 shares of the company’s stock worth $591,000 after purchasing an additional 66 shares during the last quarter. Oxinas Partners Wealth Management LLC lifted its position in shares of iShares S&P 500 Value ETF by 1.1% in the 4th quarter. Oxinas Partners Wealth Management LLC now owns 6,529 shares of the company’s stock worth $1,135,000 after purchasing an additional 71 shares during the period. Finally, Financial Counselors Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 0.7% in the 4th quarter. Financial Counselors Inc. now owns 10,184 shares of the company’s stock valued at $1,771,000 after purchasing an additional 71 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE traded up $1.08 during mid-day trading on Monday, reaching $181.40. 589,948 shares of the stock were exchanged, compared to its average volume of 944,991. The stock has a market cap of $32.50 billion, a P/E ratio of 23.38 and a beta of 0.84. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $187.24. The stock has a 50 day simple moving average of $181.58 and a 200-day simple moving average of $173.00.

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.