iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Summit Financial Wealth Advisors LLC

Summit Financial Wealth Advisors LLC lessened its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,123 shares of the company’s stock after selling 197 shares during the quarter. Summit Financial Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $3,343,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. First Foundation Advisors boosted its holdings in shares of iShares S&P 500 Value ETF by 6.3% in the 4th quarter. First Foundation Advisors now owns 5,737 shares of the company’s stock valued at $1,095,000 after acquiring an additional 340 shares during the last quarter. Blue Edge Capital LLC boosted its holdings in iShares S&P 500 Value ETF by 65.3% in the fourth quarter. Blue Edge Capital LLC now owns 62,914 shares of the company’s stock valued at $12,009,000 after purchasing an additional 24,842 shares during the last quarter. Scotia Capital Inc. grew its position in iShares S&P 500 Value ETF by 73.7% during the 4th quarter. Scotia Capital Inc. now owns 11,653 shares of the company’s stock worth $2,224,000 after purchasing an additional 4,945 shares during the period. Maxwell Wealth Strategies Inc. raised its stake in shares of iShares S&P 500 Value ETF by 9.6% during the 4th quarter. Maxwell Wealth Strategies Inc. now owns 18,974 shares of the company’s stock valued at $3,622,000 after buying an additional 1,666 shares during the last quarter. Finally, Advisory Services Network LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 19.7% in the 4th quarter. Advisory Services Network LLC now owns 61,181 shares of the company’s stock valued at $11,678,000 after buying an additional 10,058 shares during the period.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock traded down $4.40 during midday trading on Thursday, hitting $176.52. 159,777 shares of the company were exchanged, compared to its average volume of 638,670. The business has a fifty day simple moving average of $190.83 and a two-hundred day simple moving average of $194.90. The firm has a market capitalization of $34.37 billion, a PE ratio of 21.80 and a beta of 0.94. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $206.63.

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.