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

JFS Wealth Advisors LLC lowered its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.3% during the third quarter, Holdings Channel reports. The firm owned 133,322 shares of the company’s stock after selling 461 shares during the period. iShares S&P 500 Value ETF makes up approximately 1.8% of JFS Wealth Advisors LLC’s investment portfolio, making the stock its 15th largest position. JFS Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $26,287,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Palisade Asset Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at $26,000. CarsonAllaria Wealth Management Ltd. grew its holdings in shares of iShares S&P 500 Value ETF by 289.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after buying an additional 110 shares during the last quarter. Northwest Investment Counselors LLC purchased a new position in shares of iShares S&P 500 Value ETF during the third quarter worth about $31,000. Addison Advisors LLC increased its position in iShares S&P 500 Value ETF by 50.0% in the 2nd quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after acquiring an additional 93 shares during the period. Finally, TruNorth Capital Management LLC purchased a new stake in iShares S&P 500 Value ETF during the 2nd quarter valued at approximately $65,000.

iShares S&P 500 Value ETF Trading Down 0.1 %

Shares of IVE stock opened at $195.84 on Thursday. The company has a market capitalization of $35.08 billion, a P/E ratio of 23.79 and a beta of 0.81. The business’s 50 day moving average is $195.96 and its two-hundred day moving average is $188.06. iShares S&P 500 Value ETF has a twelve month low of $149.61 and a twelve month high of $201.08.

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.