King Wealth Management Group Decreases Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

King Wealth Management Group lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 20.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,900 shares of the company’s stock after selling 1,258 shares during the period. King Wealth Management Group’s holdings in iShares S&P 500 Value ETF were worth $966,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the business. Northwest Investment Counselors LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth approximately $31,000. Valued Wealth Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at about $35,000. Addison Advisors LLC boosted its position in shares of iShares S&P 500 Value ETF by 50.0% during the 2nd quarter. Addison Advisors LLC now owns 279 shares of the company’s stock worth $51,000 after purchasing an additional 93 shares during the period. TruNorth Capital Management LLC acquired a new position in iShares S&P 500 Value ETF during the second quarter worth $65,000. Finally, Avondale Wealth Management boosted its position in shares of iShares S&P 500 Value ETF by 24.8% during the second quarter. Avondale Wealth Management now owns 362 shares of the company’s stock worth $66,000 after buying an additional 72 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.6 %

IVE stock opened at $200.20 on Friday. The business’s fifty day moving average price is $196.89 and its 200 day moving average price is $189.46. iShares S&P 500 Value ETF has a 12-month low of $161.43 and a 12-month high of $203.67. The company has a market capitalization of $35.87 billion, a PE 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.