iShares S&P 500 Value ETF (NYSEARCA:IVE) Position Trimmed by CFS Investment Advisory Services LLC

CFS Investment Advisory Services LLC decreased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 28,667 shares of the company’s stock after selling 809 shares during the quarter. CFS Investment Advisory Services LLC’s holdings in iShares S&P 500 Value ETF were worth $5,652,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Northwest Investment Counselors LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at $31,000. Valued Wealth Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth approximately $35,000. Addison Advisors LLC increased its stake 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 buying an additional 93 shares during the period. Colony Family Offices LLC boosted its stake in shares of iShares S&P 500 Value ETF by 77.3% during the 3rd quarter. Colony Family Offices LLC now owns 273 shares of the company’s stock valued at $54,000 after buying an additional 119 shares during the period. Finally, TruNorth Capital Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the second quarter worth $65,000.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $202.23 on Friday. The stock has a 50-day simple moving average of $197.82 and a 200-day simple moving average of $190.26. iShares S&P 500 Value ETF has a 52-week low of $163.66 and a 52-week high of $203.67. The firm has a market cap of $36.23 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.