iShares S&P 500 Value ETF (NYSEARCA:IVE) Stake Cut by Koss Olinger Consulting LLC

Koss Olinger Consulting LLC reduced its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 173,045 shares of the company’s stock after selling 2,105 shares during the period. iShares S&P 500 Value ETF makes up 2.9% of Koss Olinger Consulting LLC’s investment portfolio, making the stock its 7th largest holding. Koss Olinger Consulting LLC owned about 0.10% of iShares S&P 500 Value ETF worth $33,031,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. LexAurum Advisors LLC grew its position in iShares S&P 500 Value ETF by 47.2% during the 4th quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock worth $734,000 after purchasing an additional 1,233 shares during the last quarter. Financial Synergies Wealth Advisors Inc. grew its position in iShares S&P 500 Value ETF by 0.6% during the 4th quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock worth $5,480,000 after purchasing an additional 160 shares during the last quarter. DAVENPORT & Co LLC grew its position in iShares S&P 500 Value ETF by 10.9% during the 4th quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock worth $722,000 after purchasing an additional 372 shares during the last quarter. Equitable Trust Co. purchased a new position in iShares S&P 500 Value ETF during the 4th quarter worth $5,806,000. Finally, Empowered Funds LLC purchased a new position in iShares S&P 500 Value ETF during the 4th quarter worth $133,000.

iShares S&P 500 Value ETF Stock Down 0.8 %

Shares of NYSEARCA:IVE opened at $189.43 on Wednesday. The company has a market cap of $36.80 billion, a price-to-earnings ratio of 22.06 and a beta of 0.94. The firm’s 50-day simple moving average is $194.23 and its 200-day simple moving average is $196.14. iShares S&P 500 Value ETF has a fifty-two week low of $176.09 and a fifty-two week high of $206.63.

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.