Simplicity Wealth LLC Sells 22,724 Shares of iShares S&P 500 Value ETF $IVE

Simplicity Wealth LLC reduced its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 47.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,118 shares of the company’s stock after selling 22,724 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $5,187,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in shares of iShares S&P 500 Value ETF by 0.8% during the 4th 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 last quarter. Great Lakes Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 6,385.7% during the first quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock worth $83,000 after buying an additional 447 shares during the last quarter. U.S. Capital Wealth Advisors LLC raised its holdings in iShares S&P 500 Value ETF by 23.0% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 7,232 shares of the company’s stock valued at $1,413,000 after buying an additional 1,352 shares during the last quarter. Compagnie Lombard Odier SCmA bought a new stake in iShares S&P 500 Value ETF in the second quarter valued at approximately $47,000. Finally, Droms Strauss Advisors Inc. MO ADV grew its stake in iShares S&P 500 Value ETF by 0.9% in the second quarter. Droms Strauss Advisors Inc. MO ADV now owns 128,661 shares of the company’s stock valued at $25,143,000 after acquiring an additional 1,090 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $216.62 on Thursday. The firm has a market cap of $48.91 billion, a PE ratio of 20.70 and a beta of 0.89. The stock has a fifty day moving average price of $212.54 and a 200-day moving average price of $206.57. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $218.44.

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. 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.