Lbmc Investment Advisors LLC Trims Stock Position in iShares S&P 500 Value ETF $IVE

Lbmc Investment Advisors LLC cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 44,413 shares of the company’s stock after selling 3,521 shares during the quarter. iShares S&P 500 Value ETF comprises approximately 0.6% of Lbmc Investment Advisors LLC’s portfolio, making the stock its 27th biggest holding. Lbmc Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $8,679,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Pinney & Scofield Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth about $26,000. Cloud Capital Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 1st quarter worth about $27,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 1st quarter worth about $29,000. Nemes Rush Group LLC raised its holdings in shares of iShares S&P 500 Value ETF by 625.0% in the 1st quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares during the period. Finally, Flaharty Asset Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter valued at about $33,000.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $202.91 on Wednesday. The company has a market cap of $40.73 billion, a P/E ratio of 20.70 and a beta of 0.94. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $206.63. The business’s 50-day simple moving average is $200.43 and its 200 day simple moving average is $192.13.

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.