ERTS Wealth Advisors LLC Sells 209 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

ERTS Wealth Advisors LLC reduced its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 11,987 shares of the company’s stock after selling 209 shares during the quarter. iShares S&P 500 Value ETF comprises approximately 0.4% of ERTS Wealth Advisors LLC’s holdings, making the stock its 21st biggest position. ERTS Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $2,288,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. International Assets Investment Management LLC lifted its position in iShares S&P 500 Value ETF by 18,046.1% during the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after acquiring an additional 1,326,211 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in iShares S&P 500 Value ETF during the 2nd quarter worth approximately $82,555,000. USA Financial Formulas acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $77,191,000. The Manufacturers Life Insurance Company boosted its stake in iShares S&P 500 Value ETF by 43.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 918,220 shares of the company’s stock valued at $167,125,000 after purchasing an additional 277,110 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in iShares S&P 500 Value ETF by 7.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after buying an additional 139,651 shares during the period.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $195.66 on Wednesday. The stock has a fifty day moving average of $196.76 and a 200-day moving average of $194.23. The company has a market capitalization of $35.05 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a fifty-two week low of $172.85 and a fifty-two week high of $206.63.

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.