Parthenon LLC Sells 117 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Parthenon LLC trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,305 shares of the company’s stock after selling 117 shares during the quarter. Parthenon LLC’s holdings in iShares S&P 500 Value ETF were worth $257,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Oppenheimer & Co. Inc. lifted its holdings in iShares S&P 500 Value ETF by 14.5% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 25,313 shares of the company’s stock valued at $4,991,000 after buying an additional 3,213 shares in the last quarter. Encompass Wealth Advisors LLC increased its position in shares of iShares S&P 500 Value ETF by 0.3% during the third quarter. Encompass Wealth Advisors LLC now owns 150,299 shares of the company’s stock worth $29,635,000 after acquiring an additional 463 shares during the period. Empower Advisory Group LLC raised its stake in shares of iShares S&P 500 Value ETF by 8.6% during the third quarter. Empower Advisory Group LLC now owns 3,463 shares of the company’s stock valued at $683,000 after acquiring an additional 273 shares in the last quarter. Aptus Capital Advisors LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 3.8% in the third quarter. Aptus Capital Advisors LLC now owns 10,114 shares of the company’s stock valued at $1,994,000 after purchasing an additional 373 shares during the period. Finally, Savvy Advisors Inc. grew its stake in iShares S&P 500 Value ETF by 5.2% in the third quarter. Savvy Advisors Inc. now owns 2,726 shares of the company’s stock worth $537,000 after purchasing an additional 135 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE traded up $0.40 on Wednesday, reaching $201.46. 49,244 shares of the stock traded hands, compared to its average volume of 670,404. iShares S&P 500 Value ETF has a 12 month low of $160.00 and a 12 month high of $203.67. The company has a market cap of $36.09 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The company has a fifty day moving average price of $196.62 and a 200-day moving average price of $189.23.

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.