Icon Wealth Advisors LLC Has $16.78 Million Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Icon Wealth Advisors LLC lowered its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.4% in the third quarter, HoldingsChannel reports. The fund owned 85,117 shares of the company’s stock after selling 360 shares during the period. iShares S&P 500 Value ETF accounts for approximately 1.4% of Icon Wealth Advisors LLC’s investment portfolio, making the stock its 17th largest holding. Icon Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $16,782,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF by 663.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,328 shares of the company’s stock valued at $416,000 after acquiring an additional 2,023 shares during the last quarter. Bush Investment Group LLC raised its position in iShares S&P 500 Value ETF by 2.2% in the 1st quarter. Bush Investment Group LLC now owns 8,447 shares of the company’s stock valued at $1,578,000 after buying an additional 181 shares during the last quarter. Keystone Financial Services bought a new stake in iShares S&P 500 Value ETF in the 1st quarter valued at approximately $9,560,000. Cape Investment Advisory Inc. boosted its position in iShares S&P 500 Value ETF by 291.2% during the 1st quarter. Cape Investment Advisory Inc. now owns 622 shares of the company’s stock worth $116,000 after acquiring an additional 463 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of iShares S&P 500 Value ETF by 112.5% in the 2nd quarter. GAMMA Investing LLC now owns 2,508 shares of the company’s stock valued at $456,000 after acquiring an additional 1,328 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.1 %

NYSEARCA IVE opened at $205.50 on Friday. The company has a market cap of $36.82 billion, a PE ratio of 23.79 and a beta of 0.81. The stock has a 50 day moving average of $198.77 and a 200-day moving average of $191.04. iShares S&P 500 Value ETF has a 12 month low of $163.68 and a 12 month high of $206.47.

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.