iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Ironwood Wealth Management LLC.

Ironwood Wealth Management LLC. lessened its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.4% in the first quarter, HoldingsChannel reports. The fund owned 97,349 shares of the company’s stock after selling 373 shares during the period. iShares S&P 500 Value ETF makes up about 5.7% of Ironwood Wealth Management LLC.’s portfolio, making the stock its 3rd largest holding. Ironwood Wealth Management LLC.’s holdings in iShares S&P 500 Value ETF were worth $18,553,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its position in iShares S&P 500 Value ETF by 3.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 13,435,769 shares of the company’s stock worth $2,564,620,000 after acquiring an additional 493,784 shares during the period. Bank of America Corp DE boosted its position in iShares S&P 500 Value ETF by 2.5% during the 4th quarter. Bank of America Corp DE now owns 8,148,548 shares of the company’s stock worth $1,555,395,000 after acquiring an additional 200,707 shares during the period. Stifel Financial Corp lifted its holdings in shares of iShares S&P 500 Value ETF by 3.5% in the fourth quarter. Stifel Financial Corp now owns 2,576,656 shares of the company’s stock valued at $491,832,000 after buying an additional 88,096 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 7.5% in the fourth quarter. Ameriprise Financial Inc. now owns 2,455,376 shares of the company’s stock valued at $468,171,000 after buying an additional 171,953 shares during the period. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 8.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock valued at $408,993,000 after buying an additional 167,028 shares during the period.

iShares S&P 500 Value ETF Stock Up 0.6%

Shares of iShares S&P 500 Value ETF stock opened at $192.92 on Wednesday. The firm has a market cap of $38.49 billion, a price-to-earnings ratio of 20.88 and a beta of 0.89. The business has a fifty day simple moving average of $183.97 and a 200-day simple moving average of $190.95. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $206.63.

About iShares S&P 500 Value ETF

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.