Dynamic Advisor Solutions LLC Sells 2,907 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Dynamic Advisor Solutions LLC lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 42.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,917 shares of the company’s stock after selling 2,907 shares during the period. Dynamic Advisor Solutions LLC’s holdings in iShares S&P 500 Value ETF were worth $748,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of IVE. Hsbc Holdings PLC grew its holdings in shares of iShares S&P 500 Value ETF by 50.3% during the second quarter. Hsbc Holdings PLC now owns 5,605 shares of the company’s stock worth $1,020,000 after purchasing an additional 1,875 shares during the last quarter. Ascent Group LLC lifted its position in iShares S&P 500 Value ETF by 28.4% during the 2nd quarter. Ascent Group LLC now owns 37,586 shares of the company’s stock worth $6,841,000 after buying an additional 8,308 shares in the last quarter. Silver Lake Advisory LLC bought a new stake in iShares S&P 500 Value ETF during the 2nd quarter worth about $2,106,000. NewEdge Advisors LLC increased its position in iShares S&P 500 Value ETF by 21.8% in the 2nd quarter. NewEdge Advisors LLC now owns 304,801 shares of the company’s stock valued at $55,477,000 after acquiring an additional 54,597 shares in the last quarter. Finally, Sunbelt Securities Inc. raised its stake in shares of iShares S&P 500 Value ETF by 3.7% in the second quarter. Sunbelt Securities Inc. now owns 38,990 shares of the company’s stock worth $7,096,000 after acquiring an additional 1,382 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.2 %

Shares of IVE stock opened at $196.15 on Monday. The firm has a market capitalization of $35.14 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The firm’s 50 day moving average is $196.39 and its 200-day moving average is $194.55. iShares S&P 500 Value ETF has a 1 year low of $173.01 and a 1 year high of $206.63.

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.