Efficient Advisors LLC Trims Stake in iShares S&P 500 Value ETF $IVE

Efficient Advisors LLC lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,549 shares of the company’s stock after selling 2,021 shares during the period. Efficient Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $6,361,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of IVE. Envestnet Asset Management Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 12.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock worth $4,100,596,000 after acquiring an additional 2,339,857 shares during the last quarter. JPMorgan Chase & Co. grew its position in iShares S&P 500 Value ETF by 5.5% in the 1st quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock valued at $3,387,781,000 after acquiring an additional 922,557 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in iShares S&P 500 Value ETF by 4.2% in the first quarter. Goldman Sachs Group Inc. now owns 2,590,004 shares of the company’s stock worth $493,603,000 after purchasing an additional 105,418 shares during the period. Ameriprise Financial Inc. lifted its position in shares of iShares S&P 500 Value ETF by 3.7% during the first quarter. Ameriprise Financial Inc. now owns 2,546,232 shares of the company’s stock worth $485,361,000 after purchasing an additional 90,856 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 5.3% during the first quarter. PNC Financial Services Group Inc. now owns 2,257,076 shares of the company’s stock valued at $430,153,000 after purchasing an additional 114,406 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.4%

NYSEARCA IVE opened at $207.90 on Friday. The stock has a market cap of $42.40 billion, a PE ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $211.83. The company’s 50-day moving average price is $206.07 and its 200-day moving average price is $198.04.

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.