iShares S&P 500 Value ETF (NYSEARCA:IVE) Stake Lessened by Worth Financial Advisory Group LLC

Worth Financial Advisory Group LLC cut its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,212 shares of the company’s stock after selling 130 shares during the period. Worth Financial Advisory Group LLC’s holdings in iShares S&P 500 Value ETF were worth $422,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Foundation Wealth Management LLC PA bought a new position in iShares S&P 500 Value ETF during the 4th quarter worth approximately $594,000. Graney & King LLC bought a new position in iShares S&P 500 Value ETF during the fourth quarter worth $49,000. Mendel Money Management boosted its holdings in iShares S&P 500 Value ETF by 4.0% in the fourth quarter. Mendel Money Management now owns 2,137 shares of the company’s stock worth $408,000 after purchasing an additional 82 shares during the period. Ausdal Financial Partners Inc. boosted its holdings in iShares S&P 500 Value ETF by 6.4% in the fourth quarter. Ausdal Financial Partners Inc. now owns 49,144 shares of the company’s stock worth $9,381,000 after purchasing an additional 2,941 shares during the period. Finally, Financial Engines Advisors L.L.C. increased its stake in iShares S&P 500 Value ETF by 9.9% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 309,790 shares of the company’s stock valued at $59,133,000 after purchasing an additional 27,908 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $191.62 on Thursday. iShares S&P 500 Value ETF has a 1 year low of $176.09 and a 1 year high of $206.63. The firm’s 50-day moving average is $194.28 and its 200-day moving average is $196.01. The company has a market cap of $37.31 billion, a P/E ratio of 21.80 and a beta of 0.94.

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.