RFG Advisory LLC Decreases Stock Holdings in iShares S&P 500 Value ETF $IVE

RFG Advisory LLC lowered its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 27.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,579 shares of the company’s stock after selling 3,580 shares during the period. RFG Advisory LLC’s holdings in iShares S&P 500 Value ETF were worth $2,175,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Brighton Jones LLC raised its position in iShares S&P 500 Value ETF by 0.8% in the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after purchasing an additional 112 shares during the last quarter. Great Lakes Advisors LLC increased its position in iShares S&P 500 Value ETF by 6,385.7% during the 1st quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock worth $83,000 after purchasing an additional 447 shares during the period. Schnieders Capital Management LLC. acquired a new position in iShares S&P 500 Value ETF during the second quarter worth $550,000. Russell Investments Group Ltd. increased its holdings in shares of iShares S&P 500 Value ETF by 28.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock valued at $416,000 after purchasing an additional 477 shares in the last quarter. Finally, First Trust Advisors LP increased its holdings in iShares S&P 500 Value ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock valued at $5,184,000 after buying an additional 731 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.3%

Shares of IVE stock opened at $233.25 on Friday. The stock has a market cap of $49.30 billion, a P/E ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a fifty-two week low of $202.09 and a fifty-two week high of $239.93. The business has a fifty day simple moving average of $234.13 and a 200-day simple moving average of $225.56.

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.