iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. lessened its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,835 shares of the company’s stock after selling 507 shares during the period. Principal Financial Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,728,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. CGN Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF by 3.0% in the second quarter. CGN Advisors LLC now owns 1,860 shares of the company’s stock valued at $339,000 after purchasing an additional 55 shares during the period. Capital Square LLC increased its stake in iShares S&P 500 Value ETF by 1.3% in the 2nd quarter. Capital Square LLC now owns 4,339 shares of the company’s stock valued at $816,000 after buying an additional 55 shares during the period. HighMark Wealth Management LLC raised its position in iShares S&P 500 Value ETF by 0.7% during the 2nd quarter. HighMark Wealth Management LLC now owns 8,208 shares of the company’s stock worth $1,494,000 after buying an additional 56 shares during the last quarter. Jaffetilchin Investment Partners LLC lifted its stake in shares of iShares S&P 500 Value ETF by 0.8% in the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 7,025 shares of the company’s stock worth $1,279,000 after acquiring an additional 57 shares during the period. Finally, WR Wealth Planners LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 1.5% in the second quarter. WR Wealth Planners LLC now owns 3,846 shares of the company’s stock valued at $700,000 after acquiring an additional 57 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.7 %

Shares of iShares S&P 500 Value ETF stock opened at $203.74 on Friday. The firm has a market cap of $36.50 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52-week low of $163.68 and a 52-week high of $204.00. The company’s 50-day simple moving average is $198.01 and its 200-day simple moving average is $190.42.

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.