Procyon Advisors LLC Lowers Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Procyon Advisors LLC decreased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,197 shares of the company’s stock after selling 318 shares during the quarter. Procyon Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,813,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of IVE. Palisade Asset Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the first quarter worth about $26,000. CarsonAllaria Wealth Management Ltd. raised its holdings in iShares S&P 500 Value ETF by 289.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares during the period. Northwest Investment Counselors LLC acquired a new position in iShares S&P 500 Value ETF in the 1st quarter worth about $29,000. Scarborough Advisors LLC acquired a new position in iShares S&P 500 Value ETF in the 4th quarter worth about $42,000. Finally, Addison Advisors LLC raised its holdings in iShares S&P 500 Value ETF by 50.0% in the 2nd quarter. Addison Advisors LLC now owns 279 shares of the company’s stock worth $51,000 after purchasing an additional 93 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.7 %

NYSEARCA IVE opened at $199.79 on Tuesday. The stock has a market capitalization of $35.79 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a twelve month low of $147.23 and a twelve month high of $199.93. The stock has a 50-day moving average of $193.37 and a 200 day moving average of $186.82.

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.