Midland Wealth Advisors LLC Sells 330 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Midland Wealth Advisors LLC lowered its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,348 shares of the company’s stock after selling 330 shares during the period. Midland Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,400,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in IVE. Brighton Jones LLC grew its holdings in iShares S&P 500 Value ETF by 0.8% in the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after purchasing an additional 112 shares during the period. Yousif Capital Management LLC boosted its position in shares of iShares S&P 500 Value ETF by 274.4% during the 4th quarter. Yousif Capital Management LLC now owns 7,777 shares of the company’s stock worth $1,484,000 after purchasing an additional 5,700 shares in the last quarter. Appleton Partners Inc. MA grew its stake in shares of iShares S&P 500 Value ETF by 70.7% in the 4th quarter. Appleton Partners Inc. MA now owns 2,190 shares of the company’s stock valued at $418,000 after buying an additional 907 shares during the period. Moloney Securities Asset Management LLC grew its stake in shares of iShares S&P 500 Value ETF by 1,062.6% in the 4th quarter. Moloney Securities Asset Management LLC now owns 34,447 shares of the company’s stock valued at $6,575,000 after buying an additional 31,484 shares during the period. Finally, Empowered Funds LLC bought a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at about $133,000.

iShares S&P 500 Value ETF Stock Performance

IVE stock opened at $191.34 on Monday. The stock’s 50 day simple moving average is $183.77 and its 200 day simple moving average is $191.02. The company has a market cap of $38.17 billion, a P/E ratio of 20.88 and a beta of 0.89. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $206.63.

iShares S&P 500 Value ETF Company 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.