RWA Wealth Partners LLC Cuts Stock Position in iShares S&P 500 Value ETF $IVE

RWA Wealth Partners LLC decreased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 109,219 shares of the company’s stock after selling 8,247 shares during the period. RWA Wealth Partners LLC owned 0.05% of iShares S&P 500 Value ETF worth $22,555,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of IVE. FLP Wealth Management LLC grew its stake in iShares S&P 500 Value ETF by 628.5% during the 3rd quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock worth $3,454,000 after buying an additional 14,431 shares during the last quarter. Great Point Wealth Advisors LLC acquired a new stake in iShares S&P 500 Value ETF in the third quarter worth about $2,478,000. Detalus Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 3.6% in the third quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock worth $17,354,000 after acquiring an additional 2,909 shares in the last quarter. Curbstone Financial Management Corp purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth about $564,000. Finally, BIP Wealth LLC increased its holdings in shares of iShares S&P 500 Value ETF by 185.4% during the third quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock valued at $1,239,000 after acquiring an additional 3,898 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.8%

Shares of iShares S&P 500 Value ETF stock opened at $221.07 on Wednesday. The company has a 50 day moving average price of $216.92 and a 200 day moving average price of $210.28. The firm has a market capitalization of $49.94 billion, a P/E ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $223.05.

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. 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.