Personal CFO Solutions LLC Cuts Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Personal CFO Solutions LLC reduced its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.9% in the second quarter, according to its most recent filing with the SEC. The fund owned 3,507 shares of the company’s stock after selling 431 shares during the period. Personal CFO Solutions LLC’s holdings in iShares S&P 500 Value ETF were worth $565,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IVE. Ironwood Wealth Management LLC. boosted its holdings in shares of iShares S&P 500 Value ETF by 4.5% in 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 in the last quarter. Axiom Financial Strategies LLC purchased a new stake in iShares S&P 500 Value ETF in the first quarter worth approximately $286,000. Retirement Income Solutions Inc raised its stake in shares of iShares S&P 500 Value ETF by 10.6% during the first quarter. Retirement Income Solutions Inc now owns 15,400 shares of the company’s stock worth $2,398,000 after acquiring an additional 1,473 shares in the last quarter. Blair William & Co. IL lifted its holdings in shares of iShares S&P 500 Value ETF by 17.0% in the 1st quarter. Blair William & Co. IL now owns 10,240 shares of the company’s stock worth $1,595,000 after acquiring an additional 1,485 shares during the last quarter. Finally, Prudential PLC purchased a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter valued at $389,000.

iShares S&P 500 Value ETF Stock Performance

IVE stock opened at $162.56 on Friday. The firm has a market cap of $25.70 billion, a P/E ratio of 15.85 and a beta of 0.94. The firm’s fifty day moving average is $155.56 and its 200 day moving average is $157.79. iShares S&P 500 Value ETF has a 52 week low of $141.44 and a 52 week high of $167.62.

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.