Fifth Third Securities Inc. Sells 8,117 Shares of iShares S&P 500 Value ETF $IVE

Fifth Third Securities Inc. reduced its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 14.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 46,319 shares of the company’s stock after selling 8,117 shares during the quarter. Fifth Third Securities Inc.’s holdings in iShares S&P 500 Value ETF were worth $9,565,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of IVE. Brighton Jones LLC raised its stake in shares of iShares S&P 500 Value ETF by 0.8% in the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after buying an additional 112 shares during the period. Russell Investments Group Ltd. raised its stake in iShares S&P 500 Value ETF by 134.3% during the 1st quarter. Russell Investments Group Ltd. now owns 1,654 shares of the company’s stock worth $315,000 after acquiring an additional 948 shares during the period. CW Advisors LLC bought a new stake in iShares S&P 500 Value ETF during the 1st quarter worth approximately $1,057,000. Compound Planning Inc. lifted its holdings in iShares S&P 500 Value ETF by 16.6% during the first quarter. Compound Planning Inc. now owns 10,771 shares of the company’s stock valued at $2,053,000 after purchasing an additional 1,537 shares in the last quarter. Finally, Sax Wealth Advisors LLC lifted its holdings in iShares S&P 500 Value ETF by 1.7% during the first quarter. Sax Wealth Advisors LLC now owns 28,958 shares of the company’s stock valued at $5,519,000 after purchasing an additional 480 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $212.09 on Friday. The stock has a market cap of $43.26 billion, a PE ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $214.90. The firm has a fifty day moving average price of $209.46 and a 200-day moving average price of $203.01.

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.