JFS Wealth Advisors LLC Has $26.01 Million Stock Position in iShares S&P 500 Value ETF $IVE

JFS Wealth Advisors LLC reduced its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 122,662 shares of the company’s stock after selling 4,747 shares during the quarter. iShares S&P 500 Value ETF makes up about 1.5% of JFS Wealth Advisors LLC’s portfolio, making the stock its 17th largest position. JFS Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $26,013,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Capital Investment Advisors LLC lifted its holdings in iShares S&P 500 Value ETF by 5.8% in the fourth quarter. Capital Investment Advisors LLC now owns 2,590 shares of the company’s stock valued at $549,000 after buying an additional 143 shares during the period. Team Financial Group LLC grew its holdings in iShares S&P 500 Value ETF by 19.5% during the 4th quarter. Team Financial Group LLC now owns 872 shares of the company’s stock worth $185,000 after acquiring an additional 142 shares during the period. CoreCap Advisors LLC raised its position in shares of iShares S&P 500 Value ETF by 17.4% during the 4th quarter. CoreCap Advisors LLC now owns 75,765 shares of the company’s stock valued at $16,068,000 after acquiring an additional 11,236 shares during the last quarter. Sharkey Howes & Javer lifted its stake in shares of iShares S&P 500 Value ETF by 43.5% in the 4th quarter. Sharkey Howes & Javer now owns 204,994 shares of the company’s stock valued at $43,473,000 after purchasing an additional 62,111 shares during the period. Finally, Mather Group LLC. lifted its stake in shares of iShares S&P 500 Value ETF by 22.9% in the 4th quarter. Mather Group LLC. now owns 20,226 shares of the company’s stock valued at $4,289,000 after purchasing an additional 3,769 shares during the period.

iShares S&P 500 Value ETF Stock Down 1.2%

NYSEARCA:IVE opened at $207.57 on Friday. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $223.05. The stock’s fifty day simple moving average is $216.98 and its 200-day simple moving average is $212.12. The firm has a market capitalization of $46.89 billion, a P/E 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.