Market Street Wealth Management Advisors LLC Has $2.79 Million Stock Holdings in iShares S&P 500 Value ETF $IVE

Market Street Wealth Management Advisors LLC decreased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.4% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 14,261 shares of the company’s stock after selling 503 shares during the period. Market Street Wealth Management Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $2,787,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Flow Traders U.S. LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at about $7,724,000. Verdence Capital Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at about $206,000. Geneos Wealth Management Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 5.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 45,091 shares of the company’s stock valued at $8,627,000 after purchasing an additional 2,477 shares during the period. Telos Capital Management Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 5.9% in the 1st quarter. Telos Capital Management Inc. now owns 16,987 shares of the company’s stock valued at $3,237,000 after purchasing an additional 940 shares during the period. Finally, Confluence Wealth Services Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 2.5% in the 1st quarter. Confluence Wealth Services Inc. now owns 2,555 shares of the company’s stock valued at $459,000 after purchasing an additional 62 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $203.92 on Tuesday. The company has a market capitalization of $40.94 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94. The business’s 50-day moving average is $200.32 and its 200-day moving average is $192.05. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year 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.