Simon Quick Advisors LLC Cuts Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Simon Quick Advisors LLC reduced its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 22.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,637 shares of the company’s stock after selling 3,095 shares during the period. Simon Quick Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $2,030,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IVE. Hsbc Holdings PLC boosted its position in shares of iShares S&P 500 Value ETF by 50.3% during the 2nd quarter. Hsbc Holdings PLC now owns 5,605 shares of the company’s stock valued at $1,020,000 after acquiring an additional 1,875 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in iShares S&P 500 Value ETF by 92.6% during the second quarter. EverSource Wealth Advisors LLC now owns 4,483 shares of the company’s stock valued at $855,000 after purchasing an additional 2,155 shares during the last quarter. Semmax Financial Advisors Inc. grew its stake in shares of iShares S&P 500 Value ETF by 16.4% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 2,809 shares of the company’s stock worth $525,000 after buying an additional 396 shares in the last quarter. Wescott Financial Advisory Group LLC grew its stake in shares of iShares S&P 500 Value ETF by 14.9% in the 2nd quarter. Wescott Financial Advisory Group LLC now owns 29,757 shares of the company’s stock worth $5,416,000 after buying an additional 3,861 shares in the last quarter. Finally, Wick Capital Partners LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter worth about $778,000.

iShares S&P 500 Value ETF Trading Up 0.8 %

Shares of NYSEARCA IVE opened at $195.66 on Wednesday. The stock has a market capitalization of $35.05 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12-month low of $172.85 and a 12-month high of $206.63. The firm’s 50-day moving average price is $196.76 and its 200-day moving average price is $194.23.

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.