SOA Wealth Advisors LLC. Sells 305 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

SOA Wealth Advisors LLC. reduced its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,006 shares of the company’s stock after selling 305 shares during the quarter. SOA Wealth Advisors LLC.’s holdings in iShares S&P 500 Value ETF were worth $1,337,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IVE. International Assets Investment Management LLC lifted its position in iShares S&P 500 Value ETF by 18,046.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after acquiring an additional 1,326,211 shares in the last quarter. USA Financial Formulas purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth $77,191,000. PNC Financial Services Group Inc. boosted its position in shares of iShares S&P 500 Value ETF by 7.6% during the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after buying an additional 139,651 shares during the last quarter. Kovitz Investment Group Partners LLC increased its holdings in iShares S&P 500 Value ETF by 28.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock worth $120,955,000 after buying an additional 136,769 shares in the last quarter. Finally, World Investment Advisors LLC increased its holdings in iShares S&P 500 Value ETF by 1,511.5% in the 3rd quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock worth $22,220,000 after buying an additional 105,334 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $194.62 on Friday. The company’s 50-day simple moving average is $195.24 and its two-hundred day simple moving average is $195.10. iShares S&P 500 Value ETF has a 52-week low of $173.01 and a 52-week high of $206.63. The stock has a market capitalization of $34.87 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.