Occidental Asset Management LLC reduced its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 55,150 shares of the company’s stock after selling 4,415 shares during the period. iShares S&P 500 Value ETF comprises about 2.9% of Occidental Asset Management LLC’s investment portfolio, making the stock its 10th biggest position. Occidental Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $6,429,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Eukles Asset Management bought a new position in shares of iShares S&P 500 Value ETF in the second quarter worth about $37,000. Signature Estate & Investment Advisors LLC increased its holdings in iShares S&P 500 Value ETF by 9.9% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 30,511 shares of the company’s stock valued at $3,557,000 after buying an additional 2,754 shares during the period. Cullen Frost Bankers Inc. increased its holdings in iShares S&P 500 Value ETF by 286.5% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 773 shares of the company’s stock valued at $90,000 after buying an additional 573 shares during the period. Kavar Capital Partners LLC bought a new position in iShares S&P 500 Value ETF in the 2nd quarter valued at about $38,000. Finally, Stephens Inc. AR increased its holdings in iShares S&P 500 Value ETF by 1.0% in the 2nd quarter. Stephens Inc. AR now owns 69,863 shares of the company’s stock valued at $8,144,000 after buying an additional 673 shares during the period.

Shares of IVE traded down $0.28 during mid-day trading on Thursday, reaching $111.72. The company had a trading volume of 29,773 shares, compared to its average volume of 845,782. The business’s 50 day moving average price is $117.35. iShares S&P 500 Value ETF has a 1-year low of $94.72 and a 1-year high of $120.00.

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.

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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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