iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Asset Management Group Inc.

Asset Management Group Inc. cut its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 52,507 shares of the company’s stock after selling 724 shares during the period. iShares S&P 500 Value ETF accounts for about 1.8% of Asset Management Group Inc.’s holdings, making the stock its 19th biggest position. Asset Management Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $10,353,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in IVE. International Assets Investment Management LLC lifted its position in iShares S&P 500 Value ETF by 18,046.1% during the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after buying an additional 1,326,211 shares during the period. Cetera Investment Advisers grew its holdings in iShares S&P 500 Value ETF by 905.6% in the 1st quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock valued at $263,498,000 after buying an additional 1,270,256 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at about $82,555,000. Envestnet Asset Management Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 3.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock worth $2,253,356,000 after acquiring an additional 420,007 shares during the period. Finally, Liberty Wealth Management LLC boosted its position in shares of iShares S&P 500 Value ETF by 618.4% in the second quarter. Liberty Wealth Management LLC now owns 411,954 shares of the company’s stock worth $74,980,000 after acquiring an additional 354,613 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $202.23 on Friday. The company has a market cap of $36.23 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1 year low of $163.66 and a 1 year high of $203.67. The firm has a 50 day moving average price of $197.82 and a 200 day moving average price of $190.26.

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.