MML Investors Services LLC Reduces Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

MML Investors Services LLC lowered its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 158,153 shares of the company’s stock after selling 1,005 shares during the quarter. MML Investors Services LLC’s holdings in iShares S&P 500 Value ETF were worth $18,436,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Prime Capital Investment Advisors LLC increased its position in iShares S&P 500 Value ETF by 106.9% during the second quarter. Prime Capital Investment Advisors LLC now owns 271 shares of the company’s stock valued at $32,000 after acquiring an additional 140 shares during the last quarter. Rice Partnership LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter worth about $34,000. Mcmillion Capital Management Inc. bought a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter worth about $37,000. Eukles Asset Management purchased a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter worth about $37,000. Finally, Kavar Capital Partners LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter worth about $38,000.

NYSEARCA:IVE traded up $0.64 during mid-day trading on Wednesday, hitting $120.36. 19,229 shares of the stock traded hands, compared to its average volume of 814,348. iShares S&P 500 Value ETF has a 52 week low of $94.72 and a 52 week high of $120.00. The firm’s 50 day moving average is $115.90 and its two-hundred day moving average is $114.93.

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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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:IVE).

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

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