iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by King Wealth Management Group

King Wealth Management Group trimmed its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 20.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,900 shares of the company’s stock after selling 1,258 shares during the period. King Wealth Management Group’s holdings in iShares S&P 500 Value ETF were worth $966,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in iShares S&P 500 Value ETF by 5.1% in the first quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock valued at $3,320,751,000 after buying an additional 861,704 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 3.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock valued at $2,253,356,000 after acquiring an additional 420,007 shares during the last quarter. LPL Financial LLC raised its position in shares of iShares S&P 500 Value ETF by 4.9% during the 2nd quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock worth $775,111,000 after acquiring an additional 200,427 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in iShares S&P 500 Value ETF by 3.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,424,716 shares of the company’s stock worth $259,313,000 after purchasing an additional 47,074 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in 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 last quarter.

iShares S&P 500 Value ETF Trading Down 0.6 %

Shares of iShares S&P 500 Value ETF stock opened at $200.20 on Friday. The company has a fifty day simple moving average of $196.89 and a 200-day simple moving average of $189.46. iShares S&P 500 Value ETF has a 12-month low of $161.43 and a 12-month high of $203.67. The stock has a market cap of $35.87 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF Company 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.