Willis Johnson & Associates Inc. Cuts Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Willis Johnson & Associates Inc. decreased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,931 shares of the company’s stock after selling 2,963 shares during the quarter. Willis Johnson & Associates Inc.’s holdings in iShares S&P 500 Value ETF were worth $6,525,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Vima LLC purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter worth about $27,000. Northwest Investment Counselors LLC purchased a new stake in iShares S&P 500 Value ETF during the 1st quarter worth about $29,000. First Pacific Financial purchased a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $30,000. Wetzel Investment Advisors Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $35,000. Finally, Sound Income Strategies LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $35,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE traded down $0.20 during mid-day trading on Thursday, reaching $181.52. The company’s stock had a trading volume of 329,170 shares, compared to its average volume of 795,254. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $187.24. The stock has a market cap of $32.52 billion, a PE ratio of 23.79 and a beta of 0.81. The company’s 50 day moving average is $182.53 and its 200 day moving average is $179.50.

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.