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

Able Wealth Management LLC lessened its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,132 shares of the company’s stock after selling 104 shares during the period. iShares S&P 500 Value ETF comprises approximately 1.3% of Able Wealth Management LLC’s holdings, making the stock its 20th biggest holding. Able Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $1,934,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. LexAurum Advisors LLC raised its position in iShares S&P 500 Value ETF by 47.2% in the fourth quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock valued at $734,000 after purchasing an additional 1,233 shares during the period. Financial Synergies Wealth Advisors Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 0.6% during the 4th quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock valued at $5,480,000 after buying an additional 160 shares during the period. DAVENPORT & Co LLC raised its holdings in shares of iShares S&P 500 Value ETF by 10.9% during the 4th quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock valued at $722,000 after buying an additional 372 shares during the period. Equitable Trust Co. acquired a new position in iShares S&P 500 Value ETF during the 4th quarter worth approximately $5,806,000. Finally, EP Wealth Advisors LLC grew its position in iShares S&P 500 Value ETF by 3.6% in the third quarter. EP Wealth Advisors LLC now owns 40,055 shares of the company’s stock valued at $7,898,000 after acquiring an additional 1,387 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.4 %

IVE opened at $198.58 on Thursday. The firm’s 50 day moving average is $194.18 and its 200-day moving average is $195.63. iShares S&P 500 Value ETF has a 52-week low of $176.09 and a 52-week high of $206.63. The firm has a market capitalization of $36.22 billion, a P/E ratio of 22.47 and a beta of 0.95.

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.