iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. reduced its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 127,196 shares of the company’s stock after selling 2,194 shares during the quarter. iShares S&P 500 Value ETF accounts for 2.5% of SRS Capital Advisors Inc.’s portfolio, making the stock its 13th biggest position. SRS Capital Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $22,118,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Stifel Financial Corp boosted its position in iShares S&P 500 Value ETF by 1.3% during the 3rd quarter. Stifel Financial Corp now owns 2,170,089 shares of the company’s stock valued at $333,847,000 after purchasing an additional 28,499 shares during the period. LPL Financial LLC grew its position in shares of iShares S&P 500 Value ETF by 1.3% during the third quarter. LPL Financial LLC now owns 1,940,992 shares of the company’s stock worth $298,602,000 after acquiring an additional 23,973 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 4.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,490,065 shares of the company’s stock worth $229,232,000 after acquiring an additional 63,793 shares during the period. US Bancorp DE increased its holdings in shares of iShares S&P 500 Value ETF by 0.8% in the 3rd quarter. US Bancorp DE now owns 1,334,378 shares of the company’s stock worth $204,727,000 after acquiring an additional 10,074 shares during the period. Finally, Royal Bank of Canada lifted its position in iShares S&P 500 Value ETF by 7.2% in the 3rd quarter. Royal Bank of Canada now owns 1,233,196 shares of the company’s stock valued at $189,715,000 after purchasing an additional 82,644 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.5 %

NYSEARCA IVE traded up $0.85 on Thursday, hitting $179.21. The stock had a trading volume of 641,050 shares, compared to its average volume of 946,914. The company’s 50-day moving average is $181.50 and its two-hundred day moving average is $172.31. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $187.24. The stock has a market cap of $32.11 billion, a price-to-earnings ratio of 23.38 and a beta of 0.84.

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.