iShares S&P 500 Value ETF $IVE Stock Sold by Security Financial Services INC.

Security Financial Services INC. reduced its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 103,473 shares of the company’s stock after selling 8,072 shares during the quarter. iShares S&P 500 Value ETF accounts for 3.1% of Security Financial Services INC.’s investment portfolio, making the stock its 5th biggest holding. Security Financial Services INC.’s holdings in iShares S&P 500 Value ETF were worth $23,621,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Krilogy Financial LLC lifted its stake in shares of iShares S&P 500 Value ETF by 52.0% in the 3rd quarter. Krilogy Financial LLC now owns 10,291 shares of the company’s stock worth $2,407,000 after acquiring an additional 3,522 shares during the period. CX Institutional boosted its holdings in shares of iShares S&P 500 Value ETF by 7.4% in the third quarter. CX Institutional now owns 215,726 shares of the company’s stock valued at $49,246,000 after acquiring an additional 14,951 shares in the last quarter. Amundi boosted its holdings in shares of iShares S&P 500 Value ETF by 18.1% in the second quarter. Amundi now owns 59,900 shares of the company’s stock valued at $13,601,000 after acquiring an additional 9,200 shares in the last quarter. Soltis Investment Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF by 11.9% during the third quarter. Soltis Investment Advisors LLC now owns 41,801 shares of the company’s stock worth $9,542,000 after acquiring an additional 4,440 shares during the period. Finally, Matrix Private Capital Group LLC acquired a new position in shares of iShares S&P 500 Value ETF during the first quarter worth about $958,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $239.53 on Monday. The stock has a market capitalization of $50.72 billion, a P/E ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 52-week low of $203.15 and a 52-week high of $241.38. The firm has a 50-day moving average price of $234.73 and a 200 day moving average price of $226.13.

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.