Fmr LLC Sells 9,673 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Fmr LLC lowered its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 834,488 shares of the company’s stock after selling 9,673 shares during the period. Fmr LLC owned about 0.47% of iShares S&P 500 Value ETF worth $164,536,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Chesapeake Wealth Management lifted its position in shares of iShares S&P 500 Value ETF by 3.8% during the 3rd quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock worth $272,000 after buying an additional 50 shares during the period. CGN Advisors LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 3.0% during the second quarter. CGN Advisors LLC now owns 1,860 shares of the company’s stock valued at $339,000 after acquiring an additional 55 shares during the period. Capital Square LLC grew its holdings in shares of iShares S&P 500 Value ETF by 1.3% in the 2nd quarter. Capital Square LLC now owns 4,339 shares of the company’s stock worth $816,000 after purchasing an additional 55 shares during the last quarter. HighMark Wealth Management LLC grew its holdings in shares of iShares S&P 500 Value ETF by 0.7% in the 2nd quarter. HighMark Wealth Management LLC now owns 8,208 shares of the company’s stock worth $1,494,000 after purchasing an additional 56 shares during the last quarter. Finally, GDS Wealth Management increased its position in shares of iShares S&P 500 Value ETF by 3.3% during the 3rd quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock worth $348,000 after purchasing an additional 56 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.6 %

Shares of IVE stock opened at $203.59 on Wednesday. The company has a market capitalization of $36.47 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12-month low of $165.15 and a 12-month high of $206.63. The firm has a 50-day moving average price of $199.25 and a 200 day moving average price of $191.52.

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.