SRS Capital Advisors Inc. Has $22.73 Million Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

SRS Capital Advisors Inc. lowered its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 115,293 shares of the company’s stock after selling 1,015 shares during the period. iShares S&P 500 Value ETF accounts for 2.0% of SRS Capital Advisors Inc.’s portfolio, making the stock its 15th largest position. SRS Capital Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $22,732,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the business. Kingsview Wealth Management LLC boosted its holdings in iShares S&P 500 Value ETF by 32.3% in the 1st quarter. Kingsview Wealth Management LLC now owns 3,219 shares of the company’s stock valued at $601,000 after purchasing an additional 786 shares during the period. Prevail Innovative Wealth Advisors LLC acquired a new stake in iShares S&P 500 Value ETF during the first quarter worth about $395,000. First Foundation Advisors increased its stake in iShares S&P 500 Value ETF by 41.5% during the first quarter. First Foundation Advisors now owns 3,751 shares of the company’s stock valued at $701,000 after acquiring an additional 1,101 shares during the period. Resurgent Financial Advisors LLC raised its holdings in iShares S&P 500 Value ETF by 156.5% in the 1st quarter. Resurgent Financial Advisors LLC now owns 4,548 shares of the company’s stock valued at $850,000 after acquiring an additional 2,775 shares in the last quarter. Finally, PAX Financial Group LLC lifted its position in shares of iShares S&P 500 Value ETF by 1.8% in the 1st quarter. PAX Financial Group LLC now owns 39,486 shares of the company’s stock worth $7,376,000 after acquiring an additional 694 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of IVE traded down $0.62 on Friday, reaching $199.51. 428,324 shares of the stock traded hands, compared to its average volume of 670,794. The stock’s 50-day moving average price is $197.20 and its 200-day moving average price is $189.67. The firm has a market cap of $35.74 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12 month low of $161.43 and a 12 month high of $203.67.

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.