Watershed Private Wealth LLC Sells 722 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Watershed Private Wealth LLC trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 13.6% during the third quarter, HoldingsChannel reports. The fund owned 4,587 shares of the company’s stock after selling 722 shares during the quarter. Watershed Private Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $904,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its stake in shares of iShares S&P 500 Value ETF by 905.6% in the first quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock worth $263,498,000 after purchasing an additional 1,270,256 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its position in shares of iShares S&P 500 Value ETF by 503.8% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 1,377,642 shares of the company’s stock valued at $257,357,000 after buying an additional 1,149,497 shares during the last quarter. CWM LLC increased its stake in shares of iShares S&P 500 Value ETF by 228.4% in the first quarter. CWM LLC now owns 1,496,348 shares of the company’s stock valued at $279,533,000 after buying an additional 1,040,767 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares S&P 500 Value ETF by 5.1% during the first quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock worth $3,320,751,000 after acquiring an additional 861,704 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its stake in shares of iShares S&P 500 Value ETF by 1,337.4% in the first quarter. Park Avenue Securities LLC now owns 902,534 shares of the company’s stock worth $168,602,000 after acquiring an additional 839,744 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.2 %

IVE stock traded down $0.48 during trading on Tuesday, hitting $199.31. The company had a trading volume of 476,335 shares, compared to its average volume of 691,357. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $200.94. The business has a 50-day moving average of $193.37 and a 200-day moving average of $186.82. The stock has a market cap of $35.71 billion, a PE 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.