iShares S&P 500 Value ETF $IVE Shares Sold by McNaughton Wealth Management LLC

McNaughton Wealth Management LLC trimmed its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 21.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 59,792 shares of the company’s stock after selling 16,530 shares during the period. iShares S&P 500 Value ETF comprises about 4.8% of McNaughton Wealth Management LLC’s investment portfolio, making the stock its 4th largest holding. McNaughton Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $13,576,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Canandaigua National Bank & Trust Co. acquired a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth about $486,000. Financial Enhancement Group LLC raised its holdings in iShares S&P 500 Value ETF by 0.9% during the 2nd quarter. Financial Enhancement Group LLC now owns 78,803 shares of the company’s stock worth $17,893,000 after buying an additional 734 shares during the period. Pacific Excel Wealth Advisors Inc. bought a new position in iShares S&P 500 Value ETF in the second quarter valued at approximately $561,000. WealthPoint Financial LLC lifted its stake in iShares S&P 500 Value ETF by 2.0% in the first quarter. WealthPoint Financial LLC now owns 23,121 shares of the company’s stock valued at $4,882,000 after buying an additional 460 shares in the last quarter. Finally, Redwood Investment Management LLC lifted its stake in iShares S&P 500 Value ETF by 40.2% in the first quarter. Redwood Investment Management LLC now owns 24,940 shares of the company’s stock valued at $5,266,000 after buying an additional 7,147 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.2%

iShares S&P 500 Value ETF stock opened at $235.17 on Thursday. The company has a 50 day moving average of $229.23 and a 200-day moving average of $222.30. iShares S&P 500 Value ETF has a twelve month low of $195.99 and a twelve month high of $236.39. The stock has a market capitalization of $49.70 billion, a PE ratio of 20.70 and a beta of 0.82.

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. 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.