ERTS Wealth Advisors LLC Sells 209 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

ERTS Wealth Advisors LLC lowered its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,987 shares of the company’s stock after selling 209 shares during the period. iShares S&P 500 Value ETF comprises about 0.4% of ERTS Wealth Advisors LLC’s portfolio, making the stock its 21st largest holding. ERTS Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $2,288,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after acquiring an additional 76 shares during the last quarter. Northwest Investment Counselors LLC bought a new position in iShares S&P 500 Value ETF in the third quarter valued at approximately $31,000. Valued Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $35,000. Perkins Coie Trust Co acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at approximately $35,000. Finally, Copley Financial Group Inc. acquired a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at approximately $36,000.

iShares S&P 500 Value ETF Trading Up 0.8 %

Shares of IVE opened at $195.66 on Wednesday. The company’s fifty day simple moving average is $196.76 and its 200 day simple moving average is $194.23. iShares S&P 500 Value ETF has a 1-year low of $172.85 and a 1-year high of $206.63. The company has a market cap of $35.05 billion, a price-to-earnings 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.