Atlas Brown Inc. Sells 163 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Atlas Brown Inc. lessened its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,773 shares of the company’s stock after selling 163 shares during the period. Atlas Brown Inc.’s holdings in iShares S&P 500 Value ETF were worth $529,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of IVE. Chesapeake Wealth Management raised its position in iShares S&P 500 Value ETF by 3.8% during the 3rd quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock valued at $272,000 after purchasing an additional 50 shares during the last quarter. GDS Wealth Management raised its holdings in shares of iShares S&P 500 Value ETF by 3.3% during the third quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock valued at $348,000 after acquiring an additional 56 shares in the last quarter. Whitcomb & Hess Inc. lifted its stake in iShares S&P 500 Value ETF by 1.0% in the third quarter. Whitcomb & Hess Inc. now owns 6,023 shares of the company’s stock worth $1,188,000 after acquiring an additional 58 shares during the period. Axiom Advisory LLC boosted its holdings in iShares S&P 500 Value ETF by 1.8% in the third quarter. Axiom Advisory LLC now owns 3,392 shares of the company’s stock valued at $646,000 after acquiring an additional 61 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC increased its position in iShares S&P 500 Value ETF by 0.6% during the 3rd quarter. Kohmann Bosshard Financial Services LLC now owns 10,171 shares of the company’s stock valued at $2,005,000 after purchasing an additional 63 shares during the period.

iShares S&P 500 Value ETF Stock Down 1.6 %

Shares of NYSEARCA:IVE traded down $3.05 on Friday, hitting $188.10. The company had a trading volume of 704,553 shares, compared to its average volume of 1,053,156. The firm’s 50-day simple moving average is $197.76 and its two-hundred day simple moving average is $193.60. The firm has a market capitalization of $33.70 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1 year low of $170.13 and a 1 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.