JFS Wealth Advisors LLC Sells 4,747 Shares of iShares S&P 500 Value ETF $IVE

JFS Wealth Advisors LLC lowered its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 122,662 shares of the company’s stock after selling 4,747 shares during the quarter. iShares S&P 500 Value ETF comprises about 1.5% of JFS Wealth Advisors LLC’s investment portfolio, making the stock its 17th largest position. JFS Wealth Advisors LLC owned 0.05% of iShares S&P 500 Value ETF worth $26,013,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in IVE. FLP Wealth Management LLC raised its stake in shares of iShares S&P 500 Value ETF by 628.5% in the third quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock worth $3,454,000 after acquiring an additional 14,431 shares during the last quarter. Great Point Wealth Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $2,478,000. Detalus Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF by 3.6% in the third quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock valued at $17,354,000 after purchasing an additional 2,909 shares in the last quarter. Curbstone Financial Management Corp acquired a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $564,000. Finally, BIP Wealth LLC raised its position in iShares S&P 500 Value ETF by 185.4% in the 3rd quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock worth $1,239,000 after purchasing an additional 3,898 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $207.57 on Friday. The stock’s fifty day moving average price is $216.98 and its two-hundred day moving average price is $212.12. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $223.05. The company has a market cap of $46.89 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89.

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. 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.