Certified Advisory Corp Has $1.19 Million Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Certified Advisory Corp reduced its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 6,015 shares of the company’s stock after selling 67 shares during the quarter. Certified Advisory Corp’s holdings in iShares S&P 500 Value ETF were worth $1,186,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Waverly Advisors LLC raised its stake in iShares S&P 500 Value ETF by 82.1% in the 1st quarter. Waverly Advisors LLC now owns 7,460 shares of the company’s stock worth $1,394,000 after purchasing an additional 3,364 shares in the last quarter. Benchmark Investment Advisors LLC boosted its stake in shares of iShares S&P 500 Value ETF by 265.5% in the first quarter. Benchmark Investment Advisors LLC now owns 5,194 shares of the company’s stock valued at $970,000 after buying an additional 3,773 shares during the period. Icon Wealth Advisors LLC acquired a new stake in iShares S&P 500 Value ETF during the first quarter worth approximately $15,096,000. High Falls Advisors Inc acquired a new stake in iShares S&P 500 Value ETF during the first quarter worth approximately $13,475,000. Finally, Ancora Advisors LLC increased its stake in iShares S&P 500 Value ETF by 10.8% during the 1st quarter. Ancora Advisors LLC now owns 4,855 shares of the company’s stock worth $907,000 after acquiring an additional 475 shares during the period.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $203.74 on Friday. The company has a market cap of $36.50 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a fifty-two week low of $163.68 and a fifty-two week high of $204.00. The stock has a fifty day moving average price of $198.01 and a 200-day moving average price of $190.47.

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.