Interactive Financial Advisors Inc. Lowers Stake in iShares S&P 500 Value ETF $IVE

Interactive Financial Advisors Inc. cut its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 12.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,750 shares of the company’s stock after selling 238 shares during the period. Interactive Financial Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $342,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IVE. Brighton Jones LLC grew its stake in iShares S&P 500 Value ETF by 0.8% in the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after acquiring an additional 112 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of iShares S&P 500 Value ETF by 4.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 89,050 shares of the company’s stock valued at $16,971,000 after acquiring an additional 3,502 shares in the last quarter. Ritholtz Wealth Management boosted its holdings in shares of iShares S&P 500 Value ETF by 16.5% in the first quarter. Ritholtz Wealth Management now owns 3,438 shares of the company’s stock valued at $655,000 after purchasing an additional 487 shares during the period. Kingswood Wealth Advisors LLC grew its stake in iShares S&P 500 Value ETF by 60.0% in the first quarter. Kingswood Wealth Advisors LLC now owns 4,294 shares of the company’s stock worth $818,000 after purchasing an additional 1,610 shares in the last quarter. Finally, Community Bank N.A. grew its stake in iShares S&P 500 Value ETF by 4.9% in the first quarter. Community Bank N.A. now owns 4,280 shares of the company’s stock worth $816,000 after purchasing an additional 200 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.9%

IVE opened at $204.59 on Friday. The stock’s fifty day moving average is $203.90 and its two-hundred day moving average is $194.38. The company has a market capitalization of $41.35 billion, a P/E ratio of 20.70 and a beta of 0.94. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $209.12.

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.