iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by World Equity Group Inc.

World Equity Group Inc. cut its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 48.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,454 shares of the company’s stock after selling 1,362 shares during the quarter. World Equity Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $265,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in IVE. Cetera Investment Advisers lifted its position in iShares S&P 500 Value ETF by 905.6% during the 1st quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock worth $263,498,000 after acquiring an additional 1,270,256 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in iShares S&P 500 Value ETF by 503.8% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 1,377,642 shares of the company’s stock worth $257,357,000 after acquiring an additional 1,149,497 shares during the period. CWM LLC lifted its position in iShares S&P 500 Value ETF by 228.4% during the 1st quarter. CWM LLC now owns 1,496,348 shares of the company’s stock worth $279,533,000 after acquiring an additional 1,040,767 shares during the period. JPMorgan Chase & Co. lifted its position in iShares S&P 500 Value ETF by 5.1% during the 1st quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock worth $3,320,751,000 after acquiring an additional 861,704 shares during the period. Finally, Park Avenue Securities LLC lifted its position in iShares S&P 500 Value ETF by 1,337.4% during the 1st quarter. Park Avenue Securities LLC now owns 902,534 shares of the company’s stock worth $168,602,000 after acquiring an additional 839,744 shares during the period.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock traded up $0.67 during mid-day trading on Friday, reaching $190.17. 351,560 shares of the company were exchanged, compared to its average volume of 748,132. The firm has a market cap of $34.07 billion, a PE ratio of 23.79 and a beta of 0.81. The firm’s 50-day simple moving average is $184.85 and its two-hundred day simple moving average is $182.41. iShares S&P 500 Value ETF has a twelve month low of $147.23 and a twelve month high of $191.93.

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.