SRS Capital Advisors Inc. trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 0.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 115,293 shares of the company’s stock after selling 1,015 shares during the quarter. iShares S&P 500 Value ETF accounts for about 2.0% of SRS Capital Advisors Inc.’s investment portfolio, making the stock its 15th biggest position. SRS Capital Advisors Inc. owned approximately 0.06% of iShares S&P 500 Value ETF worth $22,732,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of IVE. CGN Advisors LLC raised its position in iShares S&P 500 Value ETF by 3.0% during the second quarter. CGN Advisors LLC now owns 1,860 shares of the company’s stock valued at $339,000 after buying an additional 55 shares during the period. Capital Square LLC lifted its position in shares of iShares S&P 500 Value ETF by 1.3% in the second quarter. Capital Square LLC now owns 4,339 shares of the company’s stock worth $816,000 after purchasing an additional 55 shares in the last quarter. HighMark Wealth Management LLC grew its position in iShares S&P 500 Value ETF by 0.7% during the second quarter. HighMark Wealth Management LLC now owns 8,208 shares of the company’s stock valued at $1,494,000 after purchasing an additional 56 shares in the last quarter. GDS Wealth Management increased its stake in iShares S&P 500 Value ETF by 3.3% in the 3rd quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock valued at $348,000 after buying an additional 56 shares during the period. Finally, Jaffetilchin Investment Partners LLC lifted its position in iShares S&P 500 Value ETF by 0.8% in the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 7,025 shares of the company’s stock worth $1,279,000 after buying an additional 57 shares in the last quarter.
iShares S&P 500 Value ETF Stock Performance
Shares of NYSEARCA:IVE traded down $0.62 during midday trading on Friday, hitting $199.51. 428,324 shares of the stock were exchanged, compared to its average volume of 670,794. The company has a market capitalization of $35.74 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52-week low of $161.43 and a 52-week high of $203.67. The business’s fifty day simple moving average is $197.20 and its two-hundred day simple moving average is $189.67.
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.
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