Detalus Advisors LLC Sells 2,696 Shares of iShares S&P 500 Value ETF $IVE

Detalus Advisors LLC cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 97,194 shares of the company’s stock after selling 2,696 shares during the period. iShares S&P 500 Value ETF comprises approximately 4.3% of Detalus Advisors LLC’s portfolio, making the stock its 5th largest position. Detalus Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $22,188,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. RMG Wealth Management LLC bought a new stake in iShares S&P 500 Value ETF during the 1st quarter worth approximately $27,000. Sankala Group LLC bought a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at $35,000. Indiana Trust & Investment Management Co raised its stake in shares of iShares S&P 500 Value ETF by 107.6% during the first quarter. Indiana Trust & Investment Management Co now owns 191 shares of the company’s stock valued at $40,000 after acquiring an additional 99 shares during the last quarter. First Bancorp Inc ME bought a new position in shares of iShares S&P 500 Value ETF during the second quarter valued at $45,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth $55,000.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $235.66 on Friday. iShares S&P 500 Value ETF has a 52 week low of $203.15 and a 52 week high of $239.93. The firm has a market cap of $49.87 billion, a PE ratio of 20.70 and a beta of 0.83. The firm’s fifty day moving average is $234.42 and its 200-day moving average is $228.57.

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.