Certified Advisory Corp Lowers Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Certified Advisory Corp lowered its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,741 shares of the company’s stock after selling 274 shares during the period. Certified Advisory Corp’s holdings in iShares S&P 500 Value ETF were worth $1,096,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in IVE. Thurston Springer Miller Herd & Titak Inc. increased its stake in iShares S&P 500 Value ETF by 100.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after acquiring an additional 76 shares during the last quarter. Northwest Investment Counselors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the third quarter worth $31,000. Valued Wealth Advisors LLC purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at $35,000. Copley Financial Group Inc. acquired a new stake in iShares S&P 500 Value ETF during the 3rd quarter valued at $36,000. Finally, Hobbs Group Advisors LLC acquired a new stake in iShares S&P 500 Value ETF during the 3rd quarter valued at $40,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $192.82 on Friday. The company’s fifty day moving average price is $197.24 and its two-hundred day moving average price is $193.89. The firm has a market capitalization of $34.54 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12 month low of $170.13 and a 12 month high of $206.63.

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.