iShares S&P 500 Value ETF $IVE Shares Sold by Valmark Advisers Inc.

Valmark Advisers Inc. cut its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 295,843 shares of the company’s stock after selling 3,887 shares during the quarter. iShares S&P 500 Value ETF accounts for 0.8% of Valmark Advisers Inc.’s portfolio, making the stock its 27th biggest holding. Valmark Advisers Inc. owned 0.15% of iShares S&P 500 Value ETF worth $61,095,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. BKM Wealth Management LLC boosted its position in shares of iShares S&P 500 Value ETF by 0.8% during the 3rd quarter. BKM Wealth Management LLC now owns 63,909 shares of the company’s stock worth $13,198,000 after purchasing an additional 480 shares in the last quarter. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at about $57,000. Kingswood Wealth Advisors LLC lifted its stake in shares of iShares S&P 500 Value ETF by 13.1% in the third quarter. Kingswood Wealth Advisors LLC now owns 4,806 shares of the company’s stock valued at $992,000 after purchasing an additional 555 shares during the period. Level Wealth Management LLC boosted its holdings in iShares S&P 500 Value ETF by 26.2% during the third quarter. Level Wealth Management LLC now owns 2,384 shares of the company’s stock worth $492,000 after buying an additional 495 shares in the last quarter. Finally, Venturi Wealth Management LLC grew its position in iShares S&P 500 Value ETF by 14.9% during the third quarter. Venturi Wealth Management LLC now owns 12,295 shares of the company’s stock worth $2,539,000 after buying an additional 1,599 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.6%

Shares of iShares S&P 500 Value ETF stock opened at $217.40 on Friday. The company has a 50-day moving average of $211.31 and a two-hundred day moving average of $205.33. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $217.69. The stock has a market cap of $49.21 billion, a PE ratio of 20.70 and a beta of 0.89.

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. 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.