Market Street Wealth Management Advisors LLC Sells 111 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Market Street Wealth Management Advisors LLC cut its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,764 shares of the company’s stock after selling 111 shares during the quarter. Market Street Wealth Management Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $2,814,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 3.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 13,435,769 shares of the company’s stock valued at $2,564,620,000 after purchasing an additional 493,784 shares during the last quarter. Bank of America Corp DE increased its position in iShares S&P 500 Value ETF by 2.5% in the 4th quarter. Bank of America Corp DE now owns 8,148,548 shares of the company’s stock valued at $1,555,395,000 after acquiring an additional 200,707 shares during the period. Stifel Financial Corp increased its position in iShares S&P 500 Value ETF by 3.5% in the 4th quarter. Stifel Financial Corp now owns 2,576,656 shares of the company’s stock valued at $491,832,000 after acquiring an additional 88,096 shares during the period. Ameriprise Financial Inc. increased its position in iShares S&P 500 Value ETF by 7.5% in the 4th quarter. Ameriprise Financial Inc. now owns 2,455,376 shares of the company’s stock valued at $468,171,000 after acquiring an additional 171,953 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in iShares S&P 500 Value ETF by 8.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock valued at $408,993,000 after acquiring an additional 167,028 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE opened at $189.82 on Wednesday. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $206.63. The firm has a 50 day moving average price of $185.89 and a two-hundred day moving average price of $190.47. The stock has a market cap of $38.06 billion, a P/E ratio of 20.88 and a beta of 0.89.

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.