Sovereign Financial Group Inc. Sells 154 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Sovereign Financial Group Inc. lessened its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,100 shares of the company’s stock after selling 154 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,164,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in IVE. Chesapeake Wealth Management raised its position in iShares S&P 500 Value ETF by 3.8% in the third quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock worth $272,000 after acquiring an additional 50 shares during the period. GDS Wealth Management increased its stake in shares of iShares S&P 500 Value ETF by 3.3% in the 3rd quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock worth $348,000 after purchasing an additional 56 shares in the last quarter. Whitcomb & Hess Inc. raised its holdings in iShares S&P 500 Value ETF by 1.0% in the 3rd quarter. Whitcomb & Hess Inc. now owns 6,023 shares of the company’s stock worth $1,188,000 after purchasing an additional 58 shares during the period. Axiom Advisory LLC lifted its position in iShares S&P 500 Value ETF by 1.8% during the third quarter. Axiom Advisory LLC now owns 3,392 shares of the company’s stock valued at $646,000 after purchasing an additional 61 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC lifted its position in iShares S&P 500 Value ETF by 0.6% during the third quarter. Kohmann Bosshard Financial Services LLC now owns 10,171 shares of the company’s stock valued at $2,005,000 after purchasing an additional 63 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.5 %

Shares of IVE opened at $190.30 on Wednesday. The business has a 50-day simple moving average of $197.41 and a two-hundred day simple moving average of $193.90. iShares S&P 500 Value ETF has a 52 week low of $170.13 and a 52 week high of $206.63. The stock has a market cap of $34.09 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.