Icon Wealth Advisors LLC Has $51,000 Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Icon Wealth Advisors LLC reduced its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 99.7% in the third quarter, Holdings Channel reports. The institutional investor owned 261 shares of the company’s stock after selling 85,216 shares during the period. Icon Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $51,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. International Assets Investment Management LLC raised its position in iShares S&P 500 Value ETF by 18,046.1% in the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after acquiring an additional 1,326,211 shares during the period. Cetera Investment Advisers grew its stake in iShares S&P 500 Value ETF by 905.6% in the 1st quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock worth $263,498,000 after buying an additional 1,270,256 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in iShares S&P 500 Value ETF in the 2nd quarter worth approximately $82,555,000. Envestnet Asset Management Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 3.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock worth $2,253,356,000 after acquiring an additional 420,007 shares during the last quarter. Finally, Liberty Wealth Management LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 618.4% in the 2nd quarter. Liberty Wealth Management LLC now owns 411,954 shares of the company’s stock worth $74,980,000 after acquiring an additional 354,613 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.7 %

NYSEARCA:IVE opened at $203.74 on Monday. The company has a fifty day moving average of $198.01 and a 200 day moving average of $190.53. iShares S&P 500 Value ETF has a 52 week low of $163.68 and a 52 week high of $204.00. The firm has a market capitalization of $36.50 billion, a P/E 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.