Lion Street Advisors LLC lessened its position in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 71.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,532 shares of the company’s stock after selling 3,817 shares during the quarter. Lion Street Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $316,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of IVE. REAP Financial Group LLC grew its position in shares of iShares S&P 500 Value ETF by 9.7% in the third quarter. REAP Financial Group LLC now owns 542 shares of the company’s stock valued at $112,000 after purchasing an additional 48 shares during the last quarter. Dumont & Blake Investment Advisors LLC boosted its stake in iShares S&P 500 Value ETF by 0.5% during the 3rd quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock valued at $2,229,000 after purchasing an additional 49 shares during the period. Signal Advisors Wealth LLC grew its holdings in iShares S&P 500 Value ETF by 0.6% in the 3rd quarter. Signal Advisors Wealth LLC now owns 9,010 shares of the company’s stock valued at $1,861,000 after buying an additional 51 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its position in iShares S&P 500 Value ETF by 2.2% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,749 shares of the company’s stock worth $537,000 after buying an additional 59 shares during the period. Finally, CPC Advisors LLC increased its position in iShares S&P 500 Value ETF by 4.9% in the 3rd quarter. CPC Advisors LLC now owns 1,255 shares of the company’s stock worth $259,000 after buying an additional 59 shares during the period.
iShares S&P 500 Value ETF Trading Up 0.4%
IVE opened at $221.19 on Friday. The business has a 50 day moving average of $216.60 and a 200-day moving average of $209.88. The stock has a market capitalization of $49.97 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $223.05.
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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.
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