Betterment LLC Sells 10,533 Shares of iShares S&P 500 Value ETF $IVE

Betterment LLC lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 378,298 shares of the company’s stock after selling 10,533 shares during the period. Betterment LLC owned about 0.19% of iShares S&P 500 Value ETF worth $78,122,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. United Services Automobile Association bought a new stake in iShares S&P 500 Value ETF during the second quarter valued at about $26,000. Center for Financial Planning Inc. bought a new position in shares of iShares S&P 500 Value ETF in the third quarter worth about $32,000. Tripletail Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the third quarter worth about $37,000. Rossmore Private Capital purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth about $44,000. Finally, Cloud Capital Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth about $45,000.

iShares S&P 500 Value ETF Trading Down 1.3%

Shares of IVE opened at $211.91 on Friday. The business’s 50 day moving average is $218.25 and its 200 day moving average is $211.58. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $223.05. The company has a market capitalization of $47.87 billion, a PE ratio of 20.70 and a beta of 0.89.

iShares S&P 500 Value ETF 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.