iShares S&P 500 Value ETF $IVE Position Cut by Droms Strauss Advisors Inc. MO ADV

Droms Strauss Advisors Inc. MO ADV lowered its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 128,419 shares of the company’s stock after selling 3,971 shares during the quarter. iShares S&P 500 Value ETF accounts for about 6.8% of Droms Strauss Advisors Inc. MO ADV’s holdings, making the stock its 4th biggest position. Droms Strauss Advisors Inc. MO ADV owned about 0.06% of iShares S&P 500 Value ETF worth $29,315,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Krilogy Financial LLC grew its position in iShares S&P 500 Value ETF by 52.0% during the third quarter. Krilogy Financial LLC now owns 10,291 shares of the company’s stock worth $2,407,000 after buying an additional 3,522 shares during the period. CX Institutional increased its holdings in iShares S&P 500 Value ETF by 7.4% in the third quarter. CX Institutional now owns 215,726 shares of the company’s stock valued at $49,246,000 after buying an additional 14,951 shares in the last quarter. Amundi lifted its position in shares of iShares S&P 500 Value ETF by 18.1% during the 2nd quarter. Amundi now owns 59,900 shares of the company’s stock valued at $13,601,000 after acquiring an additional 9,200 shares during the period. Soltis Investment Advisors LLC lifted its position in shares of iShares S&P 500 Value ETF by 11.9% during the 3rd quarter. Soltis Investment Advisors LLC now owns 41,801 shares of the company’s stock valued at $9,542,000 after acquiring an additional 4,440 shares during the period. Finally, Matrix Private Capital Group LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $958,000.

iShares S&P 500 Value ETF Trading Down 0.4%

Shares of NYSEARCA:IVE traded down $0.95 during trading on Friday, hitting $235.53. 895,428 shares of the stock were exchanged, compared to its average volume of 935,028. The company has a market cap of $50.06 billion, a PE ratio of 22.47 and a beta of 0.82. The company has a fifty day moving average price of $234.86 and a two-hundred day moving average price of $226.68. iShares S&P 500 Value ETF has a 12-month low of $203.15 and a 12-month high of $244.72.

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.