Investment Research & Advisory Group Inc. Trims Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Investment Research & Advisory Group Inc. decreased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVEGet Rating) by 39.1% in the 4th quarter, Holdings Channel reports. The firm owned 2,545 shares of the company’s stock after selling 1,634 shares during the period. Investment Research & Advisory Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $399,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in IVE. Tamar Securities LLC raised its position in iShares S&P 500 Value ETF by 4.9% during the 3rd quarter. Tamar Securities LLC now owns 61,077 shares of the company’s stock worth $8,882,000 after buying an additional 2,871 shares during the last quarter. Lpwm LLC raised its position in iShares S&P 500 Value ETF by 2.8% during the 3rd quarter. Lpwm LLC now owns 227,077 shares of the company’s stock worth $33,473,000 after buying an additional 6,155 shares during the last quarter. Lynch & Associates IN raised its position in iShares S&P 500 Value ETF by 10.4% during the 3rd quarter. Lynch & Associates IN now owns 30,327 shares of the company’s stock worth $4,410,000 after buying an additional 2,855 shares during the last quarter. NEXT Financial Group Inc raised its position in iShares S&P 500 Value ETF by 5.8% during the 3rd quarter. NEXT Financial Group Inc now owns 39,953 shares of the company’s stock worth $5,810,000 after buying an additional 2,185 shares during the last quarter. Finally, Captrust Financial Advisors raised its position in iShares S&P 500 Value ETF by 100.1% during the 3rd quarter. Captrust Financial Advisors now owns 60,481 shares of the company’s stock worth $8,795,000 after buying an additional 30,260 shares during the last quarter.

NYSEARCA:IVE opened at $150.33 on Wednesday. iShares S&P 500 Value ETF has a fifty-two week low of $137.17 and a fifty-two week high of $160.38. The firm’s fifty day simple moving average is $153.37 and its 200-day simple moving average is $152.13.

iShares S&P 500 Value ETF Company Profile (Get Rating)

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.

See Also

Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVEGet Rating).

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