Laurel Wealth Advisors LLC Has $1.28 Million Holdings in iShares S&P 500 Value ETF $IVE

Laurel Wealth Advisors LLC cut its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 99.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,211 shares of the company’s stock after selling 1,209,254 shares during the period. Laurel Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,283,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. raised its position in iShares S&P 500 Value ETF by 5.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock worth $4,568,288,000 after purchasing an additional 1,137,886 shares during the last quarter. Ameriprise Financial Inc. boosted its position 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 valued at $591,818,000 after buying an additional 484,782 shares during the last quarter. EP Wealth Advisors LLC boosted its position in iShares S&P 500 Value ETF by 795.8% in the 2nd quarter. EP Wealth Advisors LLC now owns 373,966 shares of the company’s stock valued at $73,081,000 after buying an additional 332,218 shares during the last quarter. MML Investors Services LLC increased its stake in shares of iShares S&P 500 Value ETF by 19.9% in the 2nd quarter. MML Investors Services LLC now owns 1,396,052 shares of the company’s stock valued at $272,817,000 after buying an additional 231,828 shares during the period. Finally, Modern Wealth Management LLC increased its stake in shares of iShares S&P 500 Value ETF by 721.5% in the 2nd quarter. Modern Wealth Management LLC now owns 220,477 shares of the company’s stock valued at $43,086,000 after buying an additional 193,639 shares during the period.

iShares S&P 500 Value ETF Stock Up 0.1%

Shares of IVE opened at $222.09 on Monday. The stock’s fifty day simple moving average is $217.55 and its 200-day simple moving average is $210.74. The firm has a market capitalization of $50.17 billion, a PE ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $223.05.

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.