McKinley Carter Wealth Services Inc. Sells 107,753 Shares of iShares S&P 500 Value ETF $IVE

McKinley Carter Wealth Services Inc. lessened its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 66.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 54,798 shares of the company’s stock after selling 107,753 shares during the quarter. McKinley Carter Wealth Services Inc.’s holdings in iShares S&P 500 Value ETF were worth $12,509,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of IVE. Bank of America Corp DE grew its holdings in iShares S&P 500 Value ETF by 2.0% during the first quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock worth $1,997,009,000 after acquiring an additional 182,358 shares during the period. Lido Advisors LLC lifted its holdings in iShares S&P 500 Value ETF by 4.4% in the first quarter. Lido Advisors LLC now owns 1,944,079 shares of the company’s stock valued at $410,493,000 after acquiring an additional 81,088 shares during the period. Royal Bank of Canada lifted its holdings in iShares S&P 500 Value ETF by 3.6% in the first quarter. Royal Bank of Canada now owns 1,396,602 shares of the company’s stock valued at $294,892,000 after acquiring an additional 48,869 shares during the period. Cassaday & Co Wealth Management LLC lifted its holdings in iShares S&P 500 Value ETF by 3.8% in the first quarter. Cassaday & Co Wealth Management LLC now owns 1,197,963 shares of the company’s stock valued at $252,950,000 after acquiring an additional 44,187 shares during the period. Finally, Sofi Wealth LLC boosted its position in iShares S&P 500 Value ETF by 0.4% in the 1st quarter. Sofi Wealth LLC now owns 979,965 shares of the company’s stock worth $206,920,000 after purchasing an additional 4,340 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.1%

iShares S&P 500 Value ETF stock traded down $0.20 during mid-day trading on Friday, hitting $235.46. The company had a trading volume of 1,226,593 shares, compared to its average volume of 938,201. The company has a market capitalization of $49.82 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 12-month low of $203.15 and a 12-month high of $239.93. The company’s fifty day moving average is $234.41 and its 200-day moving average is $228.61.

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.