Ritholtz Wealth Management Sells 54 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Ritholtz Wealth Management cut its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,116 shares of the company’s stock after selling 54 shares during the period. Ritholtz Wealth Management’s holdings in iShares S&P 500 Value ETF were worth $614,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in IVE. JPMorgan Chase & Co. increased its stake in 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 in the last quarter. Envestnet Asset Management Inc. boosted its holdings in iShares S&P 500 Value ETF by 3.5% in the second quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock worth $2,253,356,000 after acquiring an additional 420,007 shares in the last quarter. LPL Financial LLC grew its stake in iShares S&P 500 Value ETF by 4.9% in the second quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock valued at $775,111,000 after acquiring an additional 200,427 shares during the period. US Bancorp DE grew its stake in iShares S&P 500 Value ETF by 9.9% in the first quarter. US Bancorp DE now owns 1,539,081 shares of the company’s stock valued at $287,516,000 after acquiring an additional 139,258 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 3.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,424,716 shares of the company’s stock valued at $259,313,000 after acquiring an additional 47,074 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.3 %

Shares of IVE opened at $199.18 on Wednesday. The business’s fifty day moving average is $193.68 and its 200 day moving average is $186.91. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $200.94. The stock has a market cap of $35.68 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.