iShares S&P 500 Value ETF $IVE Holdings Reduced by Droms Strauss Advisors Inc. MO ADV

Droms Strauss Advisors Inc. MO ADV decreased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 128,419 shares of the company’s stock after selling 3,971 shares during the period. iShares S&P 500 Value ETF accounts for 6.8% of Droms Strauss Advisors Inc. MO ADV’s investment portfolio, making the stock its 4th biggest position. Droms Strauss Advisors Inc. MO ADV’s holdings in iShares S&P 500 Value ETF were worth $29,315,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the company. Gerber Kawasaki Wealth & Investment Management raised its position in shares of iShares S&P 500 Value ETF by 1.9% in the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 2,377 shares of the company’s stock valued at $543,000 after buying an additional 44 shares during the last quarter. Client 1ST Advisory Group LLC raised its stake in iShares S&P 500 Value ETF by 1.5% during the third quarter. Client 1ST Advisory Group LLC now owns 3,407 shares of the company’s stock worth $778,000 after purchasing an additional 50 shares during the period. Wealthgarden F.S. LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 0.9% in the 1st quarter. Wealthgarden F.S. LLC now owns 5,988 shares of the company’s stock valued at $1,264,000 after purchasing an additional 53 shares during the last quarter. CWA Asset Management Group LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 4.5% in the 3rd quarter. CWA Asset Management Group LLC now owns 1,229 shares of the company’s stock valued at $280,000 after purchasing an additional 53 shares during the last quarter. Finally, Aspiriant LLC grew its stake in shares of iShares S&P 500 Value ETF by 1.3% during the 3rd quarter. Aspiriant LLC now owns 4,489 shares of the company’s stock valued at $1,025,000 after buying an additional 59 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.4%

Shares of NYSEARCA IVE traded down $0.95 during trading on Friday, hitting $235.53. 895,428 shares of the company traded hands, compared to its average volume of 935,028. The firm has a market capitalization of $50.06 billion, a P/E ratio of 22.47 and a beta of 0.82. The company has a 50-day moving average price of $234.86 and a 200-day moving average price of $226.68. iShares S&P 500 Value ETF has a 1 year low of $203.15 and a 1 year high of $244.72.

iShares S&P 500 Value ETF Company 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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.