Koshinski Asset Management Inc. Reduces Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Koshinski Asset Management Inc. trimmed its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 11.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,788 shares of the company’s stock after selling 921 shares during the quarter. Koshinski Asset Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,338,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Palisade Asset Management LLC purchased a new stake in iShares S&P 500 Value ETF during the 1st quarter worth about $26,000. CarsonAllaria Wealth Management Ltd. lifted its stake in iShares S&P 500 Value ETF by 289.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares during the last quarter. Vima LLC acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $27,000. Northwest Investment Counselors LLC purchased a new position in iShares S&P 500 Value ETF in the first quarter valued at approximately $29,000. Finally, Fortis Group Advisors LLC raised its holdings in iShares S&P 500 Value ETF by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock worth $35,000 after purchasing an additional 100 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 1.1 %

Shares of iShares S&P 500 Value ETF stock opened at $198.44 on Monday. The company has a fifty day simple moving average of $193.02 and a 200-day simple moving average of $186.73. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $198.63. The stock has a market cap of $35.55 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.