iShares S&P 500 Value ETF $IVE Stock: Security Financial Services INC. Decreases Position

Security Financial Services INC. lessened its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.2% during the third quarter, HoldingsChannel reports. The fund owned 103,473 shares of the company’s stock after selling 8,072 shares during the period. iShares S&P 500 Value ETF comprises approximately 3.1% of Security Financial Services INC.’s investment portfolio, making the stock its 5th biggest holding. Security Financial Services INC.’s holdings in iShares S&P 500 Value ETF were worth $23,621,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth $1,599,000. Pinkerton Wealth LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth $366,000. Vise Technologies Inc. grew its stake in shares of iShares S&P 500 Value ETF by 42.8% during the 3rd quarter. Vise Technologies Inc. now owns 217,838 shares of the company’s stock worth $49,728,000 after purchasing an additional 65,252 shares during the period. Investment Partners LTD. increased its holdings in shares of iShares S&P 500 Value ETF by 93.2% in the 3rd quarter. Investment Partners LTD. now owns 47,298 shares of the company’s stock valued at $10,797,000 after purchasing an additional 22,811 shares in the last quarter. Finally, Blue Fin Capital Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at about $201,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $239.53 on Monday. iShares S&P 500 Value ETF has a 52 week low of $203.15 and a 52 week high of $241.38. The firm has a 50-day moving average price of $234.73 and a 200 day moving average price of $226.13. The stock has a market capitalization of $50.72 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83.

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. 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.