iShares S&P 500 Value ETF (NYSEARCA:IVE) Position Reduced by Addison Advisors LLC

Addison Advisors LLC lowered its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 33.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 186 shares of the company’s stock after selling 93 shares during the period. Addison Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $37,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Northwest Investment Counselors LLC bought a new stake in iShares S&P 500 Value ETF in the third quarter valued at about $31,000. Valued Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth approximately $35,000. TruNorth Capital Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter worth approximately $65,000. Avondale Wealth Management increased its holdings in shares of iShares S&P 500 Value ETF by 24.8% in the 2nd quarter. Avondale Wealth Management now owns 362 shares of the company’s stock valued at $66,000 after acquiring an additional 72 shares during the last quarter. Finally, Reston Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at approximately $74,000.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $202.59 on Tuesday. iShares S&P 500 Value ETF has a 12 month low of $157.33 and a 12 month high of $203.67. The company has a fifty day moving average price of $196.49 and a two-hundred day moving average price of $189.08. The company has a market cap of $36.29 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.