Guardian Wealth Advisors LLC Sells 3,942 Shares of iShares S&P 500 Value ETF $IVE

Guardian Wealth Advisors LLC lowered its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 14.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 23,623 shares of the company’s stock after selling 3,942 shares during the quarter. iShares S&P 500 Value ETF makes up about 2.8% of Guardian Wealth Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Guardian Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $4,878,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in IVE. Envestnet Asset Management Inc. lifted its stake in iShares S&P 500 Value ETF by 12.6% in the second quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock worth $4,100,596,000 after acquiring an additional 2,339,857 shares during the period. JPMorgan Chase & Co. raised its holdings in iShares S&P 500 Value ETF by 0.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 17,895,697 shares of the company’s stock worth $3,497,177,000 after purchasing an additional 119,534 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in iShares S&P 500 Value ETF by 19.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock worth $591,818,000 after purchasing an additional 484,782 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 4.7% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,362,479 shares of the company’s stock valued at $461,676,000 after purchasing an additional 105,403 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of iShares S&P 500 Value ETF by 7.8% during the 2nd quarter. Cetera Investment Advisers now owns 2,112,895 shares of the company’s stock valued at $412,902,000 after purchasing an additional 152,851 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

IVE stock opened at $217.17 on Friday. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $218.44. The firm has a 50-day moving average of $212.69 and a 200 day moving average of $206.65. The company has a market cap of $49.04 billion, a P/E ratio of 20.70 and a beta of 0.89.

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.