MA Private Wealth Sells 4,612 Shares of iShares S&P 500 Value ETF $IVE

MA Private Wealth decreased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 38.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 7,329 shares of the company’s stock after selling 4,612 shares during the quarter. MA Private Wealth’s holdings in iShares S&P 500 Value ETF were worth $1,432,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in IVE. Envestnet Asset Management Inc. boosted its stake in iShares S&P 500 Value ETF by 38.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 18,643,646 shares of the company’s stock worth $3,553,106,000 after purchasing an additional 5,207,877 shares during the period. JPMorgan Chase & Co. boosted its stake in iShares S&P 500 Value ETF by 5.5% in the 1st 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 during the period. Sofi Wealth LLC boosted its stake in iShares S&P 500 Value ETF by 6,106.5% in the 1st 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 during the period. Liberty Wealth Management LLC boosted its stake in iShares S&P 500 Value ETF by 1,324.3% in the 1st 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 during the period. Finally, CWM LLC boosted its stake in iShares S&P 500 Value ETF by 24.6% in the 1st quarter. CWM LLC now owns 1,806,062 shares of the company’s stock worth $344,199,000 after purchasing an additional 356,756 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.7%

Shares of NYSEARCA IVE opened at $207.10 on Friday. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $209.12. The business has a 50-day simple moving average of $203.05 and a two-hundred day simple moving average of $193.91. The company has a market cap of $41.85 billion, a P/E ratio of 20.70 and a beta of 0.94.

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.