Lutz Financial Services LLC Reduces Stock Holdings in iShares S&P 500 Value ETF $IVE

Lutz Financial Services LLC trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 106,970 shares of the company’s stock after selling 2,905 shares during the quarter. iShares S&P 500 Value ETF accounts for about 1.5% of Lutz Financial Services LLC’s portfolio, making the stock its 16th largest position. Lutz Financial Services LLC’s holdings in iShares S&P 500 Value ETF were worth $22,685,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. REAP Financial Group LLC grew its stake in iShares S&P 500 Value ETF by 9.7% during the 3rd quarter. REAP Financial Group LLC now owns 542 shares of the company’s stock worth $112,000 after buying an additional 48 shares during the last quarter. Flagship Private Wealth LLC grew its stake in iShares S&P 500 Value ETF by 1.1% during the 4th quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock worth $901,000 after buying an additional 48 shares during the last quarter. Patten & Patten Inc. TN grew its stake in iShares S&P 500 Value ETF by 4.8% during the 4th quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock worth $222,000 after buying an additional 48 shares during the last quarter. Bernardo Wealth Planning LLC grew its stake in iShares S&P 500 Value ETF by 0.5% during the 4th quarter. Bernardo Wealth Planning LLC now owns 9,495 shares of the company’s stock worth $2,014,000 after buying an additional 49 shares during the last quarter. Finally, Stegner Investment Associates Inc. grew its position in iShares S&P 500 Value ETF by 0.3% during the 4th quarter. Stegner Investment Associates Inc. now owns 16,304 shares of the company’s stock worth $3,457,000 after purchasing an additional 49 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.7%

NYSEARCA:IVE opened at $224.91 on Tuesday. The company has a market cap of $49.66 billion, a PE ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a twelve month low of $185.34 and a twelve month high of $225.90. The company’s 50 day moving average is $216.80 and its two-hundred day moving average is $215.34.

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. 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.