Dynamic Advisor Solutions LLC Sells 624 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Dynamic Advisor Solutions LLC cut its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,824 shares of the company’s stock after selling 624 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in iShares S&P 500 Value ETF were worth $1,346,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Cetera Investment Advisers lifted its stake in iShares S&P 500 Value ETF by 905.6% during 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. lifted its position in shares of iShares S&P 500 Value ETF by 503.8% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 1,377,642 shares of the company’s stock worth $257,357,000 after buying an additional 1,149,497 shares during the last quarter. CWM LLC boosted its stake in 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 in the last quarter. JPMorgan Chase & Co. grew its position in iShares S&P 500 Value ETF by 5.1% in the first quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock valued at $3,320,751,000 after acquiring an additional 861,704 shares during the last quarter. Finally, Park Avenue Securities LLC raised its stake in iShares S&P 500 Value ETF by 1,337.4% during 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 in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.3 %

IVE opened at $196.29 on Friday. The company has a market cap of $35.17 billion, a P/E ratio of 23.79 and a beta of 0.81. The company’s 50 day moving average is $192.64 and its 200-day moving average is $186.53. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $197.63.

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.