Lane & Associates LLC Cuts Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Lane & Associates LLC lessened its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,879 shares of the company’s stock after selling 297 shares during the period. iShares S&P 500 Value ETF makes up 1.4% of Lane & Associates LLC’s portfolio, making the stock its 18th biggest position. Lane & Associates LLC’s holdings in iShares S&P 500 Value ETF were worth $2,539,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwest Investment Counselors LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth about $31,000. Valued Wealth Advisors LLC acquired a new position in iShares S&P 500 Value ETF during the third quarter valued at approximately $35,000. Colony Family Offices LLC grew its stake in iShares S&P 500 Value ETF by 77.3% during the third quarter. Colony Family Offices LLC now owns 273 shares of the company’s stock worth $54,000 after buying an additional 119 shares during the period. Addison Advisors LLC increased its position in shares of iShares S&P 500 Value ETF by 50.0% in the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock worth $51,000 after acquiring an additional 93 shares in the last quarter. Finally, TruNorth Capital Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at $65,000.

iShares S&P 500 Value ETF Trading Up 0.7 %

NYSEARCA:IVE opened at $203.74 on Friday. The firm’s fifty day simple moving average is $198.01 and its 200 day simple moving average is $190.47. iShares S&P 500 Value ETF has a twelve month low of $163.68 and a twelve month high of $204.00. The firm has a market capitalization of $36.50 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.