Mount Yale Investment Advisors LLC Has $3.07 Million Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Mount Yale Investment Advisors LLC cut its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,889 shares of the company’s stock after selling 1,099 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $3,074,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of IVE. Vanguard Personalized Indexing Management LLC acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter worth $442,000. TrinityPoint Wealth LLC grew its holdings in iShares S&P 500 Value ETF by 40.4% in the fourth quarter. TrinityPoint Wealth LLC now owns 1,878 shares of the company’s stock worth $327,000 after purchasing an additional 540 shares during the period. Franklin Resources Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 17.2% during the fourth quarter. Franklin Resources Inc. now owns 34,672 shares of the company’s stock valued at $6,029,000 after buying an additional 5,094 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of iShares S&P 500 Value ETF by 408.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 305 shares of the company’s stock valued at $53,000 after buying an additional 245 shares during the last quarter. Finally, SageView Advisory Group LLC grew its holdings in shares of iShares S&P 500 Value ETF by 69.5% during the fourth quarter. SageView Advisory Group LLC now owns 6,668 shares of the company’s stock valued at $1,173,000 after buying an additional 2,734 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $196.26 on Friday. The stock has a market capitalization of $35.16 billion, a P/E ratio of 23.79 and a beta of 0.81. The company has a 50-day moving average price of $190.63 and a 200-day moving average price of $185.31. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $197.39.

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.