Mid Atlantic Financial Management Inc. ADV Sells 1,954 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Mid Atlantic Financial Management Inc. ADV decreased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 16.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,959 shares of the company’s stock after selling 1,954 shares during the quarter. Mid Atlantic Financial Management Inc. ADV’s holdings in iShares S&P 500 Value ETF were worth $1,161,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in IVE. Raymond James Financial Services Advisors Inc. bought a new position in iShares S&P 500 Value ETF during the 1st quarter worth approximately $61,672,000. Townsend & Associates Inc bought a new position in iShares S&P 500 Value ETF during the 2nd quarter worth approximately $23,278,000. Rehmann Capital Advisory Group raised its holdings in iShares S&P 500 Value ETF by 2,534.8% during the 1st quarter. Rehmann Capital Advisory Group now owns 177,059 shares of the company’s stock worth $19,962,000 after purchasing an additional 170,339 shares during the last quarter. Greenleaf Trust raised its holdings in iShares S&P 500 Value ETF by 73.0% during the 1st quarter. Greenleaf Trust now owns 265,259 shares of the company’s stock worth $29,905,000 after purchasing an additional 111,946 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in iShares S&P 500 Value ETF by 2.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,865,955 shares of the company’s stock worth $567,224,000 after purchasing an additional 99,154 shares during the last quarter.

iShares S&P 500 Value ETF stock traded down $3.05 during mid-day trading on Friday, hitting $112.29. 928,069 shares of the stock were exchanged, compared to its average volume of 834,913. iShares S&P 500 Value ETF has a 12 month low of $94.72 and a 12 month high of $120.00. The firm’s fifty day simple moving average is $116.87 and its two-hundred day simple moving average is $114.54.

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.

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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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