JSF Financial LLC Sells 448 Shares of iShares S&P 500 Value ETF $IVE

JSF Financial LLC lowered its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,436 shares of the company’s stock after selling 448 shares during the period. JSF Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $1,258,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IVE. Envestnet Asset Management Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 38.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 18,643,646 shares of the company’s stock valued at $3,553,106,000 after purchasing an additional 5,207,877 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in iShares S&P 500 Value ETF by 5.5% during the 1st quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock valued at $3,387,781,000 after buying an additional 922,557 shares during the period. Goldman Sachs Group Inc. raised its holdings in iShares S&P 500 Value ETF by 4.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,590,004 shares of the company’s stock valued at $493,603,000 after buying an additional 105,418 shares during the period. Ameriprise Financial Inc. increased its position in iShares S&P 500 Value ETF by 3.7% during the first quarter. Ameriprise Financial Inc. now owns 2,546,232 shares of the company’s stock valued at $485,361,000 after acquiring an additional 90,856 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its position in iShares S&P 500 Value ETF by 5.3% during the first quarter. PNC Financial Services Group Inc. now owns 2,257,076 shares of the company’s stock valued at $430,153,000 after acquiring an additional 114,406 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.4%

IVE stock opened at $207.84 on Friday. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $208.86. The stock has a market capitalization of $41.99 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94. The firm’s fifty day simple moving average is $202.31 and its two-hundred day simple moving average is $193.45.

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.