iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC decreased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.9% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,705 shares of the company’s stock after selling 67 shares during the quarter. HBK Sorce Advisory LLC’s holdings in iShares S&P 500 Value ETF were worth $1,402,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its stake in shares of iShares S&P 500 Value ETF by 905.6% in the 1st quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock valued at $263,498,000 after buying an additional 1,270,256 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in iShares S&P 500 Value ETF by 503.8% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 1,377,642 shares of the company’s stock worth $257,357,000 after acquiring an additional 1,149,497 shares during the period. CWM LLC increased its stake in iShares S&P 500 Value ETF by 228.4% during the first quarter. CWM LLC now owns 1,496,348 shares of the company’s stock worth $279,533,000 after acquiring an additional 1,040,767 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares S&P 500 Value ETF by 5.1% in the first quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock valued at $3,320,751,000 after purchasing an additional 861,704 shares during the period. Finally, Park Avenue Securities LLC lifted its stake in shares of iShares S&P 500 Value ETF by 1,337.4% in the 1st quarter. Park Avenue Securities LLC now owns 902,534 shares of the company’s stock valued at $168,602,000 after purchasing an additional 839,744 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.6 %

Shares of NYSEARCA:IVE opened at $194.26 on Friday. The business has a 50-day moving average price of $189.39 and a 200 day moving average price of $184.71. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $196.36. The company has a market capitalization of $34.80 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.