Ehrlich Financial Group Cuts Stock Position in iShares S&P 500 Value ETF $IVE

Ehrlich Financial Group decreased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 19.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,433 shares of the company’s stock after selling 2,816 shares during the quarter. iShares S&P 500 Value ETF comprises approximately 1.3% of Ehrlich Financial Group’s holdings, making the stock its 23rd biggest holding. Ehrlich Financial Group’s holdings in iShares S&P 500 Value ETF were worth $2,596,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Simplex Trading LLC acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at about $25,000. Decker Retirement Planning Inc. acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at about $26,000. United Services Automobile Association acquired a new stake in shares of iShares S&P 500 Value ETF in the second quarter valued at about $26,000. Finally, RMG Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter valued at about $27,000.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $235.78 on Friday. The stock’s 50 day moving average price is $229.51 and its 200 day moving average price is $222.52. The firm has a market capitalization of $49.83 billion, a PE ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a one year low of $197.66 and a one year high of $236.39.

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.