iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Invst LLC

Invst LLC lowered its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 29.8% during the third quarter, Holdings Channel reports. The firm owned 60,440 shares of the company’s stock after selling 25,666 shares during the period. iShares S&P 500 Value ETF makes up approximately 1.4% of Invst LLC’s investment portfolio, making the stock its 18th largest position. Invst LLC’s holdings in iShares S&P 500 Value ETF were worth $11,917,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of IVE. Discipline Wealth Solutions LLC lifted its position in iShares S&P 500 Value ETF by 93.6% in the third quarter. Discipline Wealth Solutions LLC now owns 4,533 shares of the company’s stock valued at $894,000 after acquiring an additional 2,192 shares during the last quarter. Soltis Investment Advisors LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 1.4% in the 3rd quarter. Soltis Investment Advisors LLC now owns 40,017 shares of the company’s stock valued at $7,890,000 after purchasing an additional 546 shares during the last quarter. Rehmann Capital Advisory Group boosted its position in shares of iShares S&P 500 Value ETF by 19.1% in the 3rd quarter. Rehmann Capital Advisory Group now owns 556,304 shares of the company’s stock valued at $109,715,000 after purchasing an additional 89,196 shares during the period. Hobbs Group Advisors LLC purchased a new position in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $40,000. Finally, Sunbelt Securities Inc. grew its stake in iShares S&P 500 Value ETF by 6.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 41,448 shares of the company’s stock worth $8,172,000 after buying an additional 2,458 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.4 %

Shares of NYSEARCA IVE opened at $200.04 on Wednesday. The stock has a market cap of $35.84 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a twelve month low of $167.14 and a twelve month high of $206.63. The stock has a 50 day moving average of $199.73 and a two-hundred day moving average of $192.00.

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.