Invst LLC Cuts Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Invst LLC reduced its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 29.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,440 shares of the company’s stock after selling 25,666 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 1.4% of Invst LLC’s portfolio, making the stock its 18th biggest position. Invst LLC’s holdings in iShares S&P 500 Value ETF were worth $11,917,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of IVE. Northwest Investment Counselors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $31,000. Valued Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the third quarter worth $35,000. Hobbs Group Advisors LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth $40,000. Addison Advisors LLC raised its stake in shares of iShares S&P 500 Value ETF by 50.0% in the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after acquiring an additional 93 shares in the last quarter. Finally, Colony Family Offices LLC boosted its holdings in iShares S&P 500 Value ETF by 77.3% in the third quarter. Colony Family Offices LLC now owns 273 shares of the company’s stock valued at $54,000 after purchasing an additional 119 shares during the period.

iShares S&P 500 Value ETF Price Performance

IVE stock opened at $200.04 on Wednesday. The business’s 50-day moving average is $199.73 and its two-hundred day moving average is $192.00. The firm has a market capitalization of $35.84 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1 year low of $167.14 and a 1 year high of $206.63.

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.