Laurel Wealth Advisors LLC Has $1.28 Million Position in iShares S&P 500 Value ETF $IVE

Laurel Wealth Advisors LLC cut its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 99.5% during the third quarter, Holdings Channel.com reports. The fund owned 6,211 shares of the company’s stock after selling 1,209,254 shares during the period. Laurel Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,283,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. FLP Wealth Management LLC boosted its position in shares of iShares S&P 500 Value ETF by 628.5% during the third quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock worth $3,454,000 after buying an additional 14,431 shares during the period. Great Point Wealth Advisors LLC acquired a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at approximately $2,478,000. Detalus Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 3.6% in the 3rd quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock valued at $17,354,000 after acquiring an additional 2,909 shares in the last quarter. Curbstone Financial Management Corp acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $564,000. Finally, BIP Wealth LLC boosted its position in iShares S&P 500 Value ETF by 185.4% during the 3rd quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock worth $1,239,000 after acquiring an additional 3,898 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.1%

Shares of IVE opened at $222.09 on Monday. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $223.05. The stock has a market capitalization of $50.17 billion, a P/E ratio of 20.70 and a beta of 0.89. The company has a 50 day moving average of $217.55 and a 200-day moving average of $210.74.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.