iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Taylor Financial Group Inc.

Taylor Financial Group Inc. cut its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,952 shares of the company’s stock after selling 110 shares during the quarter. iShares S&P 500 Value ETF makes up 1.3% of Taylor Financial Group Inc.’s investment portfolio, making the stock its 20th largest position. Taylor Financial Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,629,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of IVE. Yousif Capital Management LLC lifted its stake in shares of iShares S&P 500 Value ETF by 90.4% during the 4th quarter. Yousif Capital Management LLC now owns 5,403 shares of the company’s stock worth $940,000 after purchasing an additional 2,565 shares during the period. Fisher Asset Management LLC acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at $339,000. Merit Financial Group LLC lifted its position in iShares S&P 500 Value ETF by 12.0% during the fourth quarter. Merit Financial Group LLC now owns 2,176 shares of the company’s stock worth $378,000 after buying an additional 234 shares during the period. W Advisors LLC boosted its stake in iShares S&P 500 Value ETF by 2.3% in the 4th quarter. W Advisors LLC now owns 21,457 shares of the company’s stock worth $3,731,000 after buying an additional 483 shares during the last quarter. Finally, Sapient Capital LLC acquired a new stake in iShares S&P 500 Value ETF in the 4th quarter worth about $5,242,000.

iShares S&P 500 Value ETF Trading Up 0.9 %

Shares of NYSEARCA IVE traded up $1.68 on Friday, reaching $196.24. 311,342 shares of the company traded hands, compared to its average volume of 720,983. The stock has a market capitalization of $35.16 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a fifty-two week low of $147.23 and a fifty-two week high of $196.36. The company has a 50 day moving average of $187.09 and a 200 day moving average of $183.59.

iShares S&P 500 Value ETF 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.