Laurel Wealth Advisors LLC Has $853,000 Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Laurel Wealth Advisors LLC cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,907 shares of the company’s stock after selling 598 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $853,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Allspring Global Investments Holdings LLC increased its holdings in shares of iShares S&P 500 Value ETF by 700.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 160 shares of the company’s stock worth $25,000 after acquiring an additional 140 shares during the last quarter. Peoples Bank KS acquired a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at $25,000. First Pacific Financial acquired a new position in iShares S&P 500 Value ETF in the 4th quarter valued at $30,000. Wetzel Investment Advisors Inc. acquired a new position in iShares S&P 500 Value ETF in the 4th quarter valued at $35,000. Finally, Sound Income Strategies LLC acquired a new position in iShares S&P 500 Value ETF in the 4th quarter valued at $35,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE traded down $0.30 on Friday, reaching $180.15. The stock had a trading volume of 440,677 shares, compared to its average volume of 961,049. The firm has a fifty day moving average of $181.38 and a two-hundred day moving average of $171.68. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $187.24. The company has a market cap of $32.27 billion, a P/E ratio of 23.38 and a beta of 0.84.

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.