iShares S&P 500 Value ETF $IVE Shares Sold by Guardian Wealth Advisors LLC

Guardian Wealth Advisors LLC cut its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 13.7% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 27,565 shares of the company’s stock after selling 4,386 shares during the period. iShares S&P 500 Value ETF accounts for 3.2% of Guardian Wealth Advisors LLC’s holdings, making the stock its 10th biggest holding. Guardian Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $5,387,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Cloud Capital Management LLC bought a new position in iShares S&P 500 Value ETF in the 1st quarter worth about $27,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of iShares S&P 500 Value ETF during the first quarter worth approximately $29,000. Harbor Asset Planning Inc. bought a new position in iShares S&P 500 Value ETF in the 2nd quarter worth approximately $30,000. Nemes Rush Group LLC grew its holdings in iShares S&P 500 Value ETF by 625.0% in the 1st quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock worth $33,000 after buying an additional 150 shares in the last quarter. Finally, Flaharty Asset Management LLC acquired a new stake in iShares S&P 500 Value ETF in the 1st quarter valued at approximately $33,000.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $209.86 on Friday. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $210.37. The firm has a market capitalization of $42.59 billion, a PE ratio of 20.70 and a beta of 0.94. The stock has a fifty day moving average of $204.84 and a two-hundred day moving average of $195.77.

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.