Empirical Financial Services LLC d.b.a. Empirical Wealth Management Cuts Stock Position in iShares S&P 500 Value ETF $IVE

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lessened its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,791 shares of the company’s stock after selling 279 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in iShares S&P 500 Value ETF were worth $741,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its stake in iShares S&P 500 Value ETF by 38.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 18,643,646 shares of the company’s stock worth $3,553,106,000 after buying an additional 5,207,877 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares S&P 500 Value ETF by 5.5% during the first quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock worth $3,387,781,000 after purchasing an additional 922,557 shares in the last quarter. Sofi Wealth LLC increased its position in shares of iShares S&P 500 Value ETF by 6,106.5% during the first quarter. Sofi Wealth LLC now owns 897,268 shares of the company’s stock worth $171,001,000 after purchasing an additional 882,811 shares in the last quarter. Liberty Wealth Management LLC increased its position in shares of iShares S&P 500 Value ETF by 1,324.3% during the first quarter. Liberty Wealth Management LLC now owns 845,488 shares of the company’s stock worth $161,133,000 after purchasing an additional 786,127 shares in the last quarter. Finally, Park Avenue Securities LLC increased its position in shares of iShares S&P 500 Value ETF by 53.1% during the first quarter. Park Avenue Securities LLC now owns 1,450,465 shares of the company’s stock worth $276,430,000 after purchasing an additional 502,776 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.4%

iShares S&P 500 Value ETF stock opened at $207.84 on Friday. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $208.86. The firm has a market capitalization of $41.99 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94. The company has a fifty day simple moving average of $202.31 and a 200-day simple moving average of $193.45.

About iShares S&P 500 Value ETF

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.