Midland Wealth Advisors LLC Cuts Stock Position in iShares S&P 500 Value ETF $IVE

Midland Wealth Advisors LLC lessened its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.5% during the 2nd quarter, Holdings Channel reports. The firm owned 6,794 shares of the company’s stock after selling 554 shares during the period. Midland Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,328,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Brighton Jones LLC lifted its holdings in iShares S&P 500 Value ETF by 0.8% during the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after buying an additional 112 shares in the last quarter. Cerity Partners LLC increased its position in shares of iShares S&P 500 Value ETF by 4.1% during the first quarter. Cerity Partners LLC now owns 80,578 shares of the company’s stock worth $15,357,000 after acquiring an additional 3,187 shares during the period. Realta Investment Advisors raised its stake in shares of iShares S&P 500 Value ETF by 4.4% in the first quarter. Realta Investment Advisors now owns 1,380 shares of the company’s stock valued at $263,000 after acquiring an additional 58 shares in the last quarter. Schechter Investment Advisors LLC raised its stake in shares of iShares S&P 500 Value ETF by 1.8% in the first quarter. Schechter Investment Advisors LLC now owns 17,081 shares of the company’s stock valued at $3,255,000 after acquiring an additional 304 shares in the last quarter. Finally, Stephens Inc. AR boosted its holdings in iShares S&P 500 Value ETF by 1.1% in the first quarter. Stephens Inc. AR now owns 9,820 shares of the company’s stock valued at $1,871,000 after purchasing an additional 110 shares during the period.

iShares S&P 500 Value ETF Price Performance

IVE opened at $207.90 on Monday. The business has a fifty day moving average price of $206.07 and a 200 day moving average price of $198.17. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $211.83. The stock has a market capitalization of $42.40 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89.

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.