EverSource Wealth Advisors LLC Sells 2,131 Shares of iShares S&P 500 Value ETF $IVE

EverSource Wealth Advisors LLC lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 29.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 5,038 shares of the company’s stock after selling 2,131 shares during the period. EverSource Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,144,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Total Clarity Wealth Management Inc. purchased a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter worth about $681,000. Crewe Advisors LLC raised its position in iShares S&P 500 Value ETF by 43.3% in the 2nd quarter. Crewe Advisors LLC now owns 3,876 shares of the company’s stock worth $880,000 after purchasing an additional 1,172 shares during the period. PFG Investments LLC lifted its stake in iShares S&P 500 Value ETF by 7.1% in the second quarter. PFG Investments LLC now owns 8,488 shares of the company’s stock worth $1,927,000 after purchasing an additional 564 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its stake in iShares S&P 500 Value ETF by 4.6% in the second quarter. Nations Financial Group Inc. IA ADV now owns 15,460 shares of the company’s stock worth $3,511,000 after purchasing an additional 685 shares during the last quarter. Finally, Capital Investment Advisory Services LLC grew its stake in shares of iShares S&P 500 Value ETF by 29.2% during the second quarter. Capital Investment Advisory Services LLC now owns 2,210 shares of the company’s stock valued at $502,000 after buying an additional 500 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $238.09 on Friday. The stock’s 50 day moving average price is $230.47 and its 200-day moving average price is $223.25. iShares S&P 500 Value ETF has a one year low of $200.52 and a one year high of $238.37. The stock has a market cap of $50.32 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.

About iShares S&P 500 Value ETF

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.