iShares S&P 500 Value ETF $IVE Shares Sold by Axis Wealth Partners LLC

Axis Wealth Partners LLC trimmed its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 19.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 15,514 shares of the company’s stock after selling 3,628 shares during the period. iShares S&P 500 Value ETF comprises about 1.9% of Axis Wealth Partners LLC’s portfolio, making the stock its 12th largest holding. Axis Wealth Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $3,204,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. FLP Wealth Management LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 628.5% during the 3rd quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock worth $3,454,000 after purchasing an additional 14,431 shares during the last quarter. Curbstone Financial Management Corp purchased a new position in iShares S&P 500 Value ETF during the third quarter worth approximately $564,000. American Trust acquired a new position in iShares S&P 500 Value ETF during the second quarter worth $806,000. Cerity Partners LLC grew its holdings in iShares S&P 500 Value ETF by 24.7% in the 2nd quarter. Cerity Partners LLC now owns 100,448 shares of the company’s stock valued at $19,630,000 after buying an additional 19,870 shares in the last quarter. Finally, Brookstone Capital Management grew its holdings in iShares S&P 500 Value ETF by 8.6% in the 3rd quarter. Brookstone Capital Management now owns 107,094 shares of the company’s stock valued at $22,116,000 after buying an additional 8,498 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.6%

Shares of IVE opened at $217.40 on Friday. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $217.69. The stock has a fifty day simple moving average of $211.31 and a two-hundred day simple moving average of $205.41. The company has a market capitalization of $49.21 billion, a PE ratio of 20.70 and a beta of 0.89.

iShares S&P 500 Value ETF 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.