Lansing Street Advisors Sells 221 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Lansing Street Advisors cut its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,465 shares of the company’s stock after selling 221 shares during the period. iShares S&P 500 Value ETF comprises approximately 2.1% of Lansing Street Advisors’ portfolio, making the stock its 12th biggest holding. Lansing Street Advisors’ holdings in iShares S&P 500 Value ETF were worth $4,999,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Wealthgarden F.S. LLC purchased a new position in iShares S&P 500 Value ETF in the second quarter worth $286,000. New England Private Wealth Advisors LLC raised its stake in shares of iShares S&P 500 Value ETF by 2.2% during the 2nd quarter. New England Private Wealth Advisors LLC now owns 5,117 shares of the company’s stock worth $931,000 after purchasing an additional 110 shares during the period. Idaho Trust Bank purchased a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter worth about $1,059,000. PFG Advisors grew its position in iShares S&P 500 Value ETF by 21.9% during the second quarter. PFG Advisors now owns 10,787 shares of the company’s stock valued at $1,963,000 after buying an additional 1,935 shares during the period. Finally, BOKF NA increased its holdings in iShares S&P 500 Value ETF by 3.0% during the second quarter. BOKF NA now owns 115,792 shares of the company’s stock worth $21,075,000 after buying an additional 3,320 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $192.22 on Thursday. The firm has a market cap of $34.44 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $196.36. The firm’s 50-day simple moving average is $188.91 and its two-hundred day simple moving average is $184.54.

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.