GenWealth Group Inc. Trims Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

GenWealth Group Inc. decreased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 14,474 shares of the company’s stock after selling 243 shares during the period. GenWealth Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,763,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in IVE. Chesapeake Wealth Management raised its holdings in iShares S&P 500 Value ETF by 3.8% in the 3rd quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock worth $272,000 after purchasing an additional 50 shares in the last quarter. West Coast Financial LLC increased its position in shares of iShares S&P 500 Value ETF by 0.3% during the fourth quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock valued at $3,137,000 after buying an additional 53 shares during the period. GDS Wealth Management raised its stake in iShares S&P 500 Value ETF by 3.3% in the third quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock worth $348,000 after buying an additional 56 shares in the last quarter. Roble Belko & Company Inc lifted its holdings in iShares S&P 500 Value ETF by 0.5% in the fourth quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock worth $2,145,000 after buying an additional 57 shares during the period. Finally, Whitcomb & Hess Inc. boosted its position in iShares S&P 500 Value ETF by 1.0% during the 3rd quarter. Whitcomb & Hess Inc. now owns 6,023 shares of the company’s stock valued at $1,188,000 after acquiring an additional 58 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

IVE stock opened at $194.09 on Friday. The company has a market capitalization of $34.77 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The business’s 50 day moving average price is $196.93 and its two-hundred day moving average price is $194.06. iShares S&P 500 Value ETF has a fifty-two week low of $170.13 and a fifty-two week high of $206.63.

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.