iShares S&P 500 Value ETF (NYSEARCA:IVE) is Ironwood Wealth Management Inc.’s 8th Largest Position

Ironwood Wealth Management Inc. decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 73,429 shares of the company’s stock after selling 447 shares during the period. iShares S&P 500 Value ETF makes up about 6.8% of Ironwood Wealth Management Inc.’s portfolio, making the stock its 8th biggest holding. Ironwood Wealth Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $11,740,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ironwood Wealth Management LLC. grew its position in iShares S&P 500 Value ETF by 4.5% during the 1st quarter. Ironwood Wealth Management LLC. now owns 100,433 shares of the company’s stock worth $15,853,000 after purchasing an additional 4,361 shares during the period. Axiom Financial Strategies LLC acquired a new stake in iShares S&P 500 Value ETF during the 1st quarter worth about $286,000. Retirement Income Solutions Inc grew its position in iShares S&P 500 Value ETF by 10.6% during the 1st quarter. Retirement Income Solutions Inc now owns 15,400 shares of the company’s stock worth $2,398,000 after purchasing an additional 1,473 shares during the period. Blair William & Co. IL grew its position in iShares S&P 500 Value ETF by 17.0% during the 1st quarter. Blair William & Co. IL now owns 10,240 shares of the company’s stock worth $1,595,000 after purchasing an additional 1,485 shares during the period. Finally, Prudential PLC acquired a new stake in iShares S&P 500 Value ETF during the 1st quarter worth about $389,000.

iShares S&P 500 Value ETF Stock Down 1.1 %

Shares of NYSEARCA:IVE traded down $1.80 during trading on Friday, reaching $161.17. 478,654 shares of the company’s stock traded hands, compared to its average volume of 687,601. iShares S&P 500 Value ETF has a fifty-two week low of $127.33 and a fifty-two week high of $167.62. The firm has a market cap of $25.48 billion, a PE ratio of 15.85 and a beta of 0.94. The company has a 50-day simple moving average of $162.71 and a 200-day simple moving average of $156.17.

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.