Front Barnett Associates LLC Trims Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Front Barnett Associates LLC lowered its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 52,365 shares of the company’s stock after selling 2,215 shares during the quarter. Front Barnett Associates LLC’s holdings in iShares S&P 500 Value ETF were worth $6,239,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Estate Counselors LLC increased its position in shares of iShares S&P 500 Value ETF by 4,159.1% during the 2nd quarter. Estate Counselors LLC now owns 95,830 shares of the company’s stock valued at $11,171,000 after purchasing an additional 93,580 shares during the last quarter. Bay Harbor Wealth Management LLC grew its stake in shares of iShares S&P 500 Value ETF by 265.8% during the 2nd quarter. Bay Harbor Wealth Management LLC now owns 739 shares of the company’s stock valued at $86,000 after acquiring an additional 537 shares during the period. Bank of Stockton grew its stake in shares of iShares S&P 500 Value ETF by 8.9% during the 2nd quarter. Bank of Stockton now owns 9,001 shares of the company’s stock valued at $1,049,000 after acquiring an additional 736 shares during the period. Banco Santander S.A. bought a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at approximately $9,980,000. Finally, Beacon Pointe Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 32.4% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 27,942 shares of the company’s stock valued at $3,258,000 after acquiring an additional 6,841 shares during the period.

Shares of NYSEARCA:IVE traded up $0.28 during mid-day trading on Friday, reaching $125.92. 614,362 shares of the company traded hands, compared to its average volume of 809,505. The company’s 50 day moving average price is $120.33 and its 200-day moving average price is $116.91. iShares S&P 500 Value ETF has a 52 week low of $94.72 and a 52 week high of $126.08.

About iShares S&P 500 Value ETF

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.

Further Reading: Conference Calls and Individual Investors

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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