Koss Olinger Consulting LLC lowered its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 11.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 2.3% of Koss Olinger Consulting LLC’s holdings, making the stock its 10th largest position. Koss Olinger Consulting LLC owned about 0.06% of iShares S&P 500 Value ETF worth $29,586,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of IVE. Brighton Jones LLC boosted its position in iShares S&P 500 Value ETF by 0.8% during the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after purchasing an additional 112 shares in the last quarter. Great Lakes Advisors LLC boosted its position in iShares S&P 500 Value ETF by 6,385.7% during the first quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock worth $83,000 after purchasing an additional 447 shares in the last quarter. Schnieders Capital Management LLC. purchased a new position in iShares S&P 500 Value ETF during the second quarter worth approximately $550,000. Russell Investments Group Ltd. boosted its position in 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 in the last quarter. Finally, First Trust Advisors LP boosted its position in 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 worth $5,184,000 after purchasing an additional 731 shares in the last quarter.
iShares S&P 500 Value ETF Trading Down 0.2%
Shares of IVE stock opened at $227.92 on Friday. The company has a market capitalization of $50.32 billion, a P/E ratio of 20.70 and a beta of 0.83. The business’s 50 day moving average is $219.24 and its two-hundred day moving average is $216.48. iShares S&P 500 Value ETF has a 12-month low of $187.50 and a 12-month high of $228.95.
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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