O Connor Financial Group LLC Trims Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

O Connor Financial Group LLC cut its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 15.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,917 shares of the company’s stock after selling 3,882 shares during the period. iShares S&P 500 Value ETF comprises 2.1% of O Connor Financial Group LLC’s portfolio, making the stock its 20th largest holding. O Connor Financial Group LLC’s holdings in iShares S&P 500 Value ETF were worth $3,986,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC grew its stake in iShares S&P 500 Value ETF by 0.8% during the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after acquiring an additional 112 shares in the last quarter. Kingswood Wealth Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 21.8% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 2,684 shares of the company’s stock worth $512,000 after buying an additional 480 shares in the last quarter. Asset Dedication LLC grew its stake in shares of iShares S&P 500 Value ETF by 27.9% in the 4th quarter. Asset Dedication LLC now owns 5,152 shares of the company’s stock worth $983,000 after buying an additional 1,125 shares in the last quarter. Strategic Blueprint LLC grew its stake in shares of iShares S&P 500 Value ETF by 28.0% in the 4th quarter. Strategic Blueprint LLC now owns 12,646 shares of the company’s stock worth $2,414,000 after buying an additional 2,764 shares in the last quarter. Finally, Milestone Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth $842,000.

iShares S&P 500 Value ETF Stock Up 0.4%

Shares of NYSEARCA:IVE opened at $188.96 on Friday. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $206.63. The stock has a market capitalization of $37.70 billion, a P/E ratio of 20.88 and a beta of 0.89. The firm has a fifty day simple moving average of $183.86 and a two-hundred day simple moving average of $191.59.

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.