O Connor Financial Group LLC Sells 1,129 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

O Connor Financial Group LLC trimmed its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 24,799 shares of the company’s stock after selling 1,129 shares during the period. iShares S&P 500 Value ETF makes up approximately 2.5% of O Connor Financial Group LLC’s holdings, making the stock its 17th largest holding. O Connor Financial Group LLC’s holdings in iShares S&P 500 Value ETF were worth $4,734,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. NBC Securities Inc. grew its stake in shares of iShares S&P 500 Value ETF by 33.3% in the third quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock worth $423,000 after acquiring an additional 536 shares during the last quarter. Ausdal Financial Partners Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 81.0% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock valued at $9,110,000 after buying an additional 20,674 shares during the period. Concourse Financial Group Securities Inc. boosted its position in iShares S&P 500 Value ETF by 7.0% in the third quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock worth $10,501,000 after purchasing an additional 3,500 shares during the last quarter. Cornell Pochily Investment Advisors Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 31.3% in the third quarter. Cornell Pochily Investment Advisors Inc. now owns 3,060 shares of the company’s stock worth $603,000 after buying an additional 730 shares during the last quarter. Finally, High Falls Advisors Inc boosted its stake in shares of iShares S&P 500 Value ETF by 3.1% during the 2nd quarter. High Falls Advisors Inc now owns 74,353 shares of the company’s stock worth $13,533,000 after acquiring an additional 2,223 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.5 %

NYSEARCA:IVE traded up $1.00 during mid-day trading on Monday, hitting $192.45. 362,997 shares of the company traded hands, compared to its average volume of 1,294,994. The stock’s fifty day moving average price is $198.14 and its 200-day moving average price is $193.51. The firm has a market cap of $34.48 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a one year low of $170.13 and a one year 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.