Mount Yale Investment Advisors LLC Decreases Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Mount Yale Investment Advisors LLC decreased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,994 shares of the company’s stock after selling 1,704 shares during the period. Mount Yale Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $2,862,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Hsbc Holdings PLC increased its holdings in shares of iShares S&P 500 Value ETF by 50.3% in the second quarter. Hsbc Holdings PLC now owns 5,605 shares of the company’s stock worth $1,020,000 after buying an additional 1,875 shares during the period. Ascent Group LLC lifted its position in iShares S&P 500 Value ETF by 28.4% in the second quarter. Ascent Group LLC now owns 37,586 shares of the company’s stock valued at $6,841,000 after purchasing an additional 8,308 shares during the last quarter. Silver Lake Advisory LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the second quarter valued at approximately $2,106,000. NewEdge Advisors LLC grew its holdings in shares of iShares S&P 500 Value ETF by 21.8% in the second quarter. NewEdge Advisors LLC now owns 304,801 shares of the company’s stock worth $55,477,000 after purchasing an additional 54,597 shares during the last quarter. Finally, Sunbelt Securities Inc. increased 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 buying an additional 1,382 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.2 %

Shares of IVE opened at $196.15 on Monday. The stock has a market capitalization of $35.14 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a twelve month low of $173.01 and a twelve month high of $206.63. The firm has a fifty day simple moving average of $196.39 and a two-hundred day simple moving average of $194.55.

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.