Watershed Private Wealth LLC Sells 722 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Watershed Private Wealth LLC reduced its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 13.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,587 shares of the company’s stock after selling 722 shares during the period. Watershed Private Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $904,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in IVE. CGN Advisors LLC lifted its position in iShares S&P 500 Value ETF by 3.0% in the second quarter. CGN Advisors LLC now owns 1,860 shares of the company’s stock worth $339,000 after purchasing an additional 55 shares during the period. Capital Square LLC boosted its position in shares of iShares S&P 500 Value ETF by 1.3% during the 2nd quarter. Capital Square LLC now owns 4,339 shares of the company’s stock valued at $816,000 after acquiring an additional 55 shares in the last quarter. HighMark Wealth Management LLC increased its stake in iShares S&P 500 Value ETF by 0.7% in the second quarter. HighMark Wealth Management LLC now owns 8,208 shares of the company’s stock valued at $1,494,000 after acquiring an additional 56 shares during the period. Jaffetilchin Investment Partners LLC raised its position in iShares S&P 500 Value ETF by 0.8% in the second quarter. Jaffetilchin Investment Partners LLC now owns 7,025 shares of the company’s stock worth $1,279,000 after purchasing an additional 57 shares in the last quarter. Finally, WR Wealth Planners LLC raised its position in iShares S&P 500 Value ETF by 1.5% in the second quarter. WR Wealth Planners LLC now owns 3,846 shares of the company’s stock worth $700,000 after purchasing an additional 57 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE traded down $0.48 during trading on Tuesday, reaching $199.31. 476,335 shares of the company traded hands, compared to its average volume of 691,357. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $200.94. The company has a market cap of $35.71 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The stock’s 50 day moving average price is $193.37 and its two-hundred day moving average price is $186.82.

About iShares S&P 500 Value ETF

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.