ERTS Wealth Advisors LLC Decreases Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

ERTS Wealth Advisors LLC trimmed its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 15.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 12,196 shares of the company’s stock after selling 2,228 shares during the period. iShares S&P 500 Value ETF comprises approximately 0.5% of ERTS Wealth Advisors LLC’s holdings, making the stock its 22nd largest position. ERTS Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $2,405,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Cetera Investment Advisers grew its stake in iShares S&P 500 Value ETF by 905.6% in 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 in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 503.8% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 1,377,642 shares of the company’s stock worth $257,357,000 after buying an additional 1,149,497 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares S&P 500 Value ETF by 5.1% in the first quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock valued at $3,320,751,000 after purchasing an additional 861,704 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of iShares S&P 500 Value ETF by 314.9% in the first quarter. Janney Montgomery Scott LLC now owns 626,981 shares of the company’s stock worth $117,126,000 after acquiring an additional 475,860 shares during the period. Finally, Sanctuary Advisors LLC purchased a new position in iShares S&P 500 Value ETF during the second quarter valued at approximately $82,555,000.

iShares S&P 500 Value ETF Stock Down 0.2 %

Shares of IVE stock traded down $0.39 during mid-day trading on Friday, hitting $200.02. 42,032 shares of the stock were exchanged, compared to its average volume of 686,060. iShares S&P 500 Value ETF has a 52-week low of $147.23 and a 52-week high of $201.08. The firm has a fifty day moving average of $194.33 and a 200 day moving average of $187.10. The company has a market cap of $35.83 billion, a PE ratio of 23.79 and a beta of 0.81.

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.