Ameritas Investment Partners Inc. Cuts Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Ameritas Investment Partners Inc. reduced its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.4% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 129,829 shares of the company’s stock after selling 7,469 shares during the period. iShares S&P 500 Value ETF comprises approximately 1.4% of Ameritas Investment Partners Inc.’s holdings, making the stock its 14th largest position. Ameritas Investment Partners Inc. owned approximately 0.07% of iShares S&P 500 Value ETF worth $23,630,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the first quarter worth $26,000. Vima LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $27,000. CarsonAllaria Wealth Management Ltd. grew its stake in shares of iShares S&P 500 Value ETF by 289.5% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after acquiring an additional 110 shares during the period. Northwest Investment Counselors LLC purchased a new position in shares of iShares S&P 500 Value ETF during the first quarter valued at approximately $29,000. Finally, Fortis Group Advisors LLC lifted its position in iShares S&P 500 Value ETF by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock valued at $35,000 after purchasing an additional 100 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.2 %

NYSEARCA:IVE opened at $196.26 on Friday. The company has a market cap of $35.16 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12 month low of $147.23 and a 12 month high of $197.39. The company has a 50 day simple moving average of $190.63 and a two-hundred day simple moving average of $185.27.

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.