iShares S&P 500 Value ETF (NYSEARCA:IVE) Position Reduced by Plan Group Financial LLC

Plan Group Financial LLC lowered its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 54.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 2,549 shares of the company’s stock after selling 3,105 shares during the period. Plan Group Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $503,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of IVE. Cetera Investment Advisers raised 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 valued at $263,498,000 after buying an additional 1,270,256 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised 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 valued at $257,357,000 after acquiring an additional 1,149,497 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in iShares S&P 500 Value ETF by 5.1% during the first quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock worth $3,320,751,000 after purchasing an additional 861,704 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in iShares S&P 500 Value ETF by 314.9% in the first quarter. Janney Montgomery Scott LLC now owns 626,981 shares of the company’s stock worth $117,126,000 after purchasing an additional 475,860 shares during the period. Finally, Sanctuary Advisors LLC bought a new stake in iShares S&P 500 Value ETF during the second quarter valued at $82,555,000.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $198.52 on Wednesday. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $201.08. The firm’s 50-day moving average is $195.14 and its 200-day moving average is $187.47. The company has a market cap of $35.56 billion, a P/E 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.