KMG Fiduciary Partners LLC Trims Holdings in iShares S&P 500 Value ETF $IVE

KMG Fiduciary Partners LLC lowered its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 16.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 58,800 shares of the company’s stock after selling 11,407 shares during the period. iShares S&P 500 Value ETF accounts for 0.9% of KMG Fiduciary Partners LLC’s investment portfolio, making the stock its 23rd largest holding. KMG Fiduciary Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $12,470,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC raised its holdings in shares of iShares S&P 500 Value ETF by 0.8% in the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after buying an additional 112 shares during the last quarter. Great Lakes Advisors LLC boosted its stake in shares of iShares S&P 500 Value ETF by 6,385.7% during the first quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock worth $83,000 after buying an additional 447 shares during the period. Schnieders Capital Management LLC. purchased a new position in shares of iShares S&P 500 Value ETF during the second quarter worth about $550,000. Franklin Resources Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 4.3% during the second quarter. Franklin Resources Inc. now owns 51,715 shares of the company’s stock worth $10,106,000 after buying an additional 2,115 shares during the last quarter. Finally, Boston Partners acquired a new position in iShares S&P 500 Value ETF in the 2nd quarter valued at about $309,000.

iShares S&P 500 Value ETF Stock Down 1.2%

Shares of IVE stock opened at $207.57 on Friday. The stock’s 50-day moving average price is $216.98 and its 200 day moving average price is $212.12. The stock has a market capitalization of $46.89 billion, a PE ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $223.05.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.