Ironwood Wealth Management LLC. Lowers Stock Holdings in iShares S&P 500 Value ETF $IVE

Ironwood Wealth Management LLC. cut its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 97,922 shares of the company’s stock after selling 3,040 shares during the period. iShares S&P 500 Value ETF accounts for 6.3% of Ironwood Wealth Management LLC.’s holdings, making the stock its 4th largest position. Ironwood Wealth Management LLC.’s holdings in iShares S&P 500 Value ETF were worth $21,272,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in iShares S&P 500 Value ETF by 0.8% in the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after purchasing an additional 112 shares during the period. Great Lakes Advisors LLC increased its position in iShares S&P 500 Value ETF by 6,385.7% during the 1st quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock worth $83,000 after buying an additional 447 shares during the period. Schnieders Capital Management LLC. acquired a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth $550,000. Russell Investments Group Ltd. lifted its holdings in shares of iShares S&P 500 Value ETF by 28.8% during the second quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock worth $416,000 after buying an additional 477 shares in the last quarter. Finally, Edgestream Partners L.P. bought a new stake in shares of iShares S&P 500 Value ETF in the second quarter valued at about $368,000.

iShares S&P 500 Value ETF Stock Performance

IVE stock opened at $211.15 on Wednesday. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $223.05. The company has a market capitalization of $47.70 billion, a PE ratio of 20.70 and a beta of 0.89. The company’s 50-day simple moving average is $216.74 and its 200 day simple moving average is $212.33.

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.