iShares S&P 500 Value ETF $IVE Stock Position Reduced by PKS Advisory Services LLC

PKS Advisory Services LLC reduced its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,771 shares of the company’s stock after selling 350 shares during the period. PKS Advisory Services LLC’s holdings in iShares S&P 500 Value ETF were worth $2,496,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IVE. Flow Traders U.S. LLC bought a new stake in iShares S&P 500 Value ETF in the first quarter worth approximately $7,724,000. Geneos Wealth Management Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 5.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 45,091 shares of the company’s stock valued at $8,627,000 after purchasing an additional 2,477 shares in the last quarter. LVZ Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 2.0% in the 2nd quarter. LVZ Inc. now owns 449,606 shares of the company’s stock valued at $87,862,000 after purchasing an additional 8,641 shares during the last quarter. SeaBridge Investment Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at $1,290,000. Finally, Americana Partners LLC boosted its holdings in iShares S&P 500 Value ETF by 170.7% in the second quarter. Americana Partners LLC now owns 4,090 shares of the company’s stock worth $799,000 after purchasing an additional 2,579 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $205.81 on Thursday. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $212.54. The stock’s 50-day moving average is $207.03 and its two-hundred day moving average is $199.50. The firm has a market cap of $41.97 billion, a P/E 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.