iShares S&P 500 Value ETF $IVE is MV Capital Management Inc.’s 9th Largest Position

MV Capital Management Inc. lowered its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 107,285 shares of the company’s stock after selling 4,521 shares during the period. iShares S&P 500 Value ETF accounts for approximately 2.2% of MV Capital Management Inc.’s holdings, making the stock its 9th biggest holding. MV Capital Management Inc. owned 0.05% of iShares S&P 500 Value ETF worth $20,966,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in IVE. Graney & King LLC increased its position in shares of iShares S&P 500 Value ETF by 22.5% during the first quarter. Graney & King LLC now owns 316 shares of the company’s stock valued at $60,000 after buying an additional 58 shares during the period. Harbor Investment Advisory LLC boosted its position in iShares S&P 500 Value ETF by 0.3% during the 2nd quarter. Harbor Investment Advisory LLC now owns 20,113 shares of the company’s stock valued at $3,930,000 after acquiring an additional 59 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its position in iShares S&P 500 Value ETF by 2.2% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,749 shares of the company’s stock valued at $537,000 after acquiring an additional 59 shares in the last quarter. Seneca House Advisors grew its holdings in shares of iShares S&P 500 Value ETF by 0.4% during the 2nd quarter. Seneca House Advisors now owns 15,246 shares of the company’s stock worth $2,979,000 after acquiring an additional 62 shares during the period. Finally, Pinnacle Associates Ltd. raised its position in shares of iShares S&P 500 Value ETF by 0.8% in the 2nd quarter. Pinnacle Associates Ltd. now owns 8,323 shares of the company’s stock worth $1,626,000 after acquiring an additional 62 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.4%

IVE opened at $212.07 on Thursday. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $212.54. The stock has a market cap of $43.25 billion, a PE ratio of 20.70 and a beta of 0.89. The business has a 50 day moving average of $206.54 and a 200-day moving average of $198.66.

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.