iShares S&P 500 Value ETF $IVE Position Reduced by WealthShield Partners LLC

WealthShield Partners LLC decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 80,286 shares of the company’s stock after selling 5,206 shares during the period. iShares S&P 500 Value ETF comprises approximately 1.9% of WealthShield Partners LLC’s portfolio, making the stock its 6th biggest holding. WealthShield Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $16,952,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in IVE. Rockwood Wealth Management LLC grew its stake in iShares S&P 500 Value ETF by 2.7% in the 1st quarter. Rockwood Wealth Management LLC now owns 1,785 shares of the company’s stock valued at $377,000 after acquiring an additional 47 shares during the last quarter. Flagship Private Wealth LLC raised its position in iShares S&P 500 Value ETF by 1.1% during the fourth quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock worth $901,000 after acquiring an additional 48 shares during the last quarter. Patten & Patten Inc. TN raised its position in iShares S&P 500 Value ETF by 4.8% during the fourth quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock worth $222,000 after acquiring an additional 48 shares during the last quarter. Bernardo Wealth Planning LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 0.5% in the fourth quarter. Bernardo Wealth Planning LLC now owns 9,495 shares of the company’s stock valued at $2,014,000 after purchasing an additional 49 shares in the last quarter. Finally, Stegner Investment Associates Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 0.3% in the fourth quarter. Stegner Investment Associates Inc. now owns 16,304 shares of the company’s stock valued at $3,457,000 after purchasing an additional 49 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.3%

Shares of IVE traded up $0.58 during mid-day trading on Friday, reaching $230.49. 392,038 shares of the company’s stock were exchanged, compared to its average volume of 1,112,593. The company has a 50-day simple moving average of $226.88 and a two-hundred day simple moving average of $220.11. iShares S&P 500 Value ETF has a 52-week low of $193.90 and a 52-week high of $232.28. The company has a market cap of $48.60 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.

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.