IFP Advisors Inc Has $33.77 Million Stock Position in iShares S&P 500 Value ETF $IVE

IFP Advisors Inc decreased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.6% in the 2nd quarter, Holdings Channel reports. The fund owned 148,739 shares of the company’s stock after selling 4,004 shares during the period. iShares S&P 500 Value ETF accounts for 0.6% of IFP Advisors Inc’s investment portfolio, making the stock its 22nd largest holding. IFP Advisors Inc’s holdings in iShares S&P 500 Value ETF were worth $33,773,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Rockwood Wealth Management LLC lifted its holdings in iShares S&P 500 Value ETF by 2.7% during the 1st quarter. Rockwood Wealth Management LLC now owns 1,785 shares of the company’s stock worth $377,000 after buying an additional 47 shares during the period. Rossby Financial LCC increased its stake in iShares S&P 500 Value ETF by 6.6% in the fourth quarter. Rossby Financial LCC now owns 807 shares of the company’s stock valued at $171,000 after purchasing an additional 50 shares in the last quarter. Smith Chas P & Associates PA Cpas raised its holdings in shares of iShares S&P 500 Value ETF by 3.2% during the fourth quarter. Smith Chas P & Associates PA Cpas now owns 1,697 shares of the company’s stock valued at $360,000 after purchasing an additional 52 shares during the period. Wealthgarden F.S. LLC raised its holdings in shares of iShares S&P 500 Value ETF by 0.9% during the first quarter. Wealthgarden F.S. LLC now owns 5,988 shares of the company’s stock valued at $1,264,000 after purchasing an additional 53 shares during the period. Finally, BTC Capital Management Inc. boosted its position in shares of iShares S&P 500 Value ETF by 0.3% during the 1st quarter. BTC Capital Management Inc. now owns 19,094 shares of the company’s stock worth $4,032,000 after purchasing an additional 57 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $235.42 on Wednesday. The stock has a 50-day moving average of $233.94 and a 200-day moving average of $225.38. The company has a market cap of $49.76 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 $201.22 and a one year high of $239.93.

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.