United Advisor Group LLC Has $1.71 Million Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

United Advisor Group LLC cut its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,686 shares of the company’s stock after selling 211 shares during the period. United Advisor Group LLC’s holdings in iShares S&P 500 Value ETF were worth $1,713,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in IVE. Sutton Place Investors LLC boosted its stake in iShares S&P 500 Value ETF by 9.3% in the 2nd quarter. Sutton Place Investors LLC now owns 5,704 shares of the company’s stock valued at $1,038,000 after purchasing an additional 483 shares during the period. NBC Securities Inc. boosted its position in shares of iShares S&P 500 Value ETF by 33.3% in the third quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock valued at $423,000 after acquiring an additional 536 shares during the period. Financial Partners Group Inc increased its position in iShares S&P 500 Value ETF by 2.7% during the second quarter. Financial Partners Group Inc now owns 2,784 shares of the company’s stock worth $507,000 after acquiring an additional 74 shares during the period. Ausdal Financial Partners Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 81.0% during the third quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock worth $9,110,000 after purchasing an additional 20,674 shares during the period. Finally, Pinkerton Retirement Specialists LLC boosted its stake in shares of iShares S&P 500 Value ETF by 9.5% in the first quarter. Pinkerton Retirement Specialists LLC now owns 172,362 shares of the company’s stock valued at $32,199,000 after buying an additional 14,954 shares during the period.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $194.47 on Tuesday. The company has a market cap of $34.84 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a fifty-two week low of $155.79 and a fifty-two week high of $201.08. The stock has a fifty day moving average price of $196.06 and a 200-day moving average price of $188.51.

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.