SilverOak Wealth Management LLC Cuts Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

SilverOak Wealth Management LLC cut its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 94,156 shares of the company’s stock after selling 627 shares during the quarter. iShares S&P 500 Value ETF comprises about 4.1% of SilverOak Wealth Management LLC’s holdings, making the stock its 6th biggest holding. SilverOak Wealth Management LLC owned about 0.05% of iShares S&P 500 Value ETF worth $17,137,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of IVE. Palisade Asset Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter valued at $26,000. CarsonAllaria Wealth Management Ltd. raised its stake in iShares S&P 500 Value ETF by 289.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock valued at $28,000 after buying an additional 110 shares during the last quarter. Vima LLC bought a new stake in iShares S&P 500 Value ETF in the fourth quarter worth $27,000. Northwest Investment Counselors LLC bought a new position in shares of iShares S&P 500 Value ETF during the first quarter valued at $29,000. Finally, Fortis Group Advisors LLC boosted its stake in iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock worth $35,000 after purchasing an additional 100 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE opened at $194.26 on Friday. The firm’s 50 day moving average price is $189.39 and its 200-day moving average price is $184.71. iShares S&P 500 Value ETF has a 52-week low of $147.23 and a 52-week high of $196.36. The company has a market cap of $34.80 billion, a PE ratio of 23.79 and a beta of 0.81.

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.