Schneider Downs Wealth Management Advisors LP Sells 52 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Schneider Downs Wealth Management Advisors LP lessened its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 6,010 shares of the company’s stock after selling 52 shares during the period. Schneider Downs Wealth Management Advisors LP’s holdings in iShares S&P 500 Value ETF were worth $1,185,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in IVE. Maxwell Wealth Strategies Inc. raised its position in iShares S&P 500 Value ETF by 2.3% in the third quarter. Maxwell Wealth Strategies Inc. now owns 17,308 shares of the company’s stock worth $3,398,000 after acquiring an additional 392 shares during the period. Natixis Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF by 5.2% in the 3rd quarter. Natixis Advisors LLC now owns 30,156 shares of the company’s stock worth $5,946,000 after purchasing an additional 1,484 shares in the last quarter. Evolution Wealth Advisors LLC raised its holdings in iShares S&P 500 Value ETF by 40.2% in the 3rd quarter. Evolution Wealth Advisors LLC now owns 1,983 shares of the company’s stock worth $391,000 after purchasing an additional 569 shares during the period. KCM Investment Advisors LLC lifted its position in iShares S&P 500 Value ETF by 3.7% during the third quarter. KCM Investment Advisors LLC now owns 2,074 shares of the company’s stock valued at $409,000 after purchasing an additional 74 shares in the last quarter. Finally, Neumann Capital Management LLC bought a new stake in iShares S&P 500 Value ETF during the third quarter valued at about $2,052,000.

iShares S&P 500 Value ETF Stock Down 0.3 %

NYSEARCA IVE opened at $199.51 on Friday. The stock’s 50-day moving average price is $197.20 and its 200-day moving average price is $189.67. The company has a market capitalization of $35.74 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52 week low of $161.43 and a 52 week high of $203.67.

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.