Advisor Resource Council Has $412,000 Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Advisor Resource Council decreased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 80.9% in the 1st quarter, HoldingsChannel reports. The fund owned 2,369 shares of the company’s stock after selling 10,038 shares during the period. Advisor Resource Council’s holdings in iShares S&P 500 Value ETF were worth $412,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of IVE. Vima LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth approximately $27,000. Northwest Investment Counselors LLC purchased a new stake in iShares S&P 500 Value ETF in the 1st quarter valued at $29,000. First Pacific Financial purchased a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at $30,000. Sound Income Strategies LLC bought a new position in iShares S&P 500 Value ETF during the 4th quarter valued at $35,000. Finally, Wetzel Investment Advisors Inc. purchased a new position in iShares S&P 500 Value ETF during the 4th quarter worth $35,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $181.52 on Friday. The firm has a 50-day moving average of $182.53 and a 200-day moving average of $179.50. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $187.24. The company has a market cap of $32.52 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.