Crestwood Advisors Group LLC Cuts Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Crestwood Advisors Group LLC decreased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 12.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,619 shares of the company’s stock after selling 1,354 shares during the period. Crestwood Advisors Group LLC’s holdings in iShares S&P 500 Value ETF were worth $1,897,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in IVE. Rational Advisors LLC increased its position in iShares S&P 500 Value ETF by 105.6% during the 3rd quarter. Rational Advisors LLC now owns 6,290 shares of the company’s stock valued at $1,240,000 after buying an additional 3,231 shares in the last quarter. Hazlett Burt & Watson Inc. grew its stake in shares of iShares S&P 500 Value ETF by 16.7% in the third quarter. Hazlett Burt & Watson Inc. now owns 3,985 shares of the company’s stock worth $786,000 after acquiring an additional 569 shares during the last quarter. World Equity Group Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 38.2% during the third quarter. World Equity Group Inc. now owns 2,009 shares of the company’s stock valued at $396,000 after acquiring an additional 555 shares in the last quarter. QRG Capital Management Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth about $355,000. Finally, Roman Butler Fullerton & Co. bought a new position in iShares S&P 500 Value ETF in the 3rd quarter worth about $1,700,000.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $196.37 on Wednesday. The company has a market capitalization of $35.18 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a one year low of $155.79 and a one year high of $201.08. The company’s 50-day moving average is $196.11 and its 200 day moving average is $188.64.

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.