Lutz Financial Services LLC Has $23.35 Million Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Lutz Financial Services LLC trimmed its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 118,424 shares of the company’s stock after selling 884 shares during the period. iShares S&P 500 Value ETF makes up approximately 1.9% of Lutz Financial Services LLC’s holdings, making the stock its 14th biggest holding. Lutz Financial Services LLC’s holdings in iShares S&P 500 Value ETF were worth $23,350,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of IVE. Roman Butler Fullerton & Co. acquired a new stake in iShares S&P 500 Value ETF during the 3rd quarter worth $1,700,000. Lansing Street Advisors raised its position in shares of iShares S&P 500 Value ETF by 12.5% during the third quarter. Lansing Street Advisors now owns 30,902 shares of the company’s stock worth $6,093,000 after purchasing an additional 3,437 shares during the period. Foundation Wealth Management LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 1.5% during the 3rd quarter. Foundation Wealth Management LLC now owns 177,819 shares of the company’s stock valued at $35,051,000 after purchasing an additional 2,700 shares in the last quarter. Latitude Advisors LLC grew its position in shares of iShares S&P 500 Value ETF by 42.6% in the 3rd quarter. Latitude Advisors LLC now owns 1,657 shares of the company’s stock valued at $327,000 after purchasing an additional 495 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in shares of iShares S&P 500 Value ETF by 1.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 653,516 shares of the company’s stock valued at $128,854,000 after purchasing an additional 6,836 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $194.77 on Monday. iShares S&P 500 Value ETF has a 52 week low of $153.65 and a 52 week high of $201.08. The company’s 50 day moving average price is $196.05 and its two-hundred day moving average price is $188.39. The company has a market capitalization of $34.89 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.