Lutz Financial Services LLC Trims Stake in iShares S&P 500 Value ETF $IVE

Lutz Financial Services LLC decreased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 106,970 shares of the company’s stock after selling 2,905 shares during the period. iShares S&P 500 Value ETF accounts for about 1.5% of Lutz Financial Services LLC’s portfolio, making the stock its 16th largest position. Lutz Financial Services LLC’s holdings in iShares S&P 500 Value ETF were worth $22,685,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IVE. Envestnet Asset Management Inc. increased its position in iShares S&P 500 Value ETF by 5.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock valued at $4,568,288,000 after purchasing an additional 1,137,886 shares during the period. Cassaday & Co Wealth Management LLC increased its position in iShares S&P 500 Value ETF by 3,286.8% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 1,153,776 shares of the company’s stock valued at $244,681,000 after purchasing an additional 1,119,709 shares during the period. Park Avenue Securities LLC increased its holdings in shares of iShares S&P 500 Value ETF by 40.4% in the 4th quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock valued at $523,293,000 after acquiring an additional 710,518 shares during the period. CWM LLC increased its holdings in shares of iShares S&P 500 Value ETF by 37.5% in the 4th quarter. CWM LLC now owns 2,579,248 shares of the company’s stock valued at $546,981,000 after acquiring an additional 702,987 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 19.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock valued at $591,818,000 after acquiring an additional 484,782 shares during the period.

iShares S&P 500 Value ETF Stock Up 0.7%

Shares of iShares S&P 500 Value ETF stock opened at $224.91 on Tuesday. The firm’s 50 day moving average price is $216.80 and its 200-day moving average price is $215.34. iShares S&P 500 Value ETF has a 52-week low of $185.34 and a 52-week high of $225.90. The company has a market cap of $49.66 billion, a P/E ratio of 20.70 and a beta of 0.83.

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.