iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Market Street Wealth Management Advisors LLC

Market Street Wealth Management Advisors LLC cut its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 15,581 shares of the company’s stock after selling 275 shares during the period. iShares S&P 500 Value ETF makes up 0.5% of Market Street Wealth Management Advisors LLC’s investment portfolio, making the stock its 27th largest position. Market Street Wealth Management Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $3,072,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in IVE. Cetera Investment Advisers grew its position in shares of iShares S&P 500 Value ETF by 905.6% in the first quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock valued at $263,498,000 after purchasing an additional 1,270,256 shares during the period. Envestnet Portfolio Solutions Inc. grew its holdings in iShares S&P 500 Value ETF by 503.8% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 1,377,642 shares of the company’s stock valued at $257,357,000 after buying an additional 1,149,497 shares during the period. JPMorgan Chase & Co. increased its stake in shares of iShares S&P 500 Value ETF by 5.1% during the 1st quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock valued at $3,320,751,000 after acquiring an additional 861,704 shares during the last quarter. Park Avenue Securities LLC increased its stake in shares of iShares S&P 500 Value ETF by 1,337.4% during the 1st quarter. Park Avenue Securities LLC now owns 902,534 shares of the company’s stock valued at $168,602,000 after acquiring an additional 839,744 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 314.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 626,981 shares of the company’s stock worth $117,126,000 after acquiring an additional 475,860 shares during the period.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $200.77 on Thursday. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $200.98. The firm has a 50 day moving average price of $194.04 and a 200 day moving average price of $187.01. The company has a market cap of $35.97 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.