Valeo Financial Advisors LLC Sells 2,848 Shares of iShares S&P 500 Value ETF $IVE

Valeo Financial Advisors LLC lessened its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 16.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 14,945 shares of the company’s stock after selling 2,848 shares during the quarter. Valeo Financial Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $3,412,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Tactive Advisors LLC raised its stake in iShares S&P 500 Value ETF by 3.5% during the 3rd quarter. Tactive Advisors LLC now owns 4,763 shares of the company’s stock worth $1,087,000 after acquiring an additional 161 shares in the last quarter. Veery Capital LLC boosted its stake in iShares S&P 500 Value ETF by 3.8% in the third quarter. Veery Capital LLC now owns 2,209 shares of the company’s stock valued at $504,000 after acquiring an additional 81 shares in the last quarter. Retirement Wealth Solutions LLC grew its holdings in shares of iShares S&P 500 Value ETF by 4.1% during the third quarter. Retirement Wealth Solutions LLC now owns 25,256 shares of the company’s stock worth $5,765,000 after purchasing an additional 987 shares during the last quarter. Whitcomb & Hess Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 2.7% during the third quarter. Whitcomb & Hess Inc. now owns 7,381 shares of the company’s stock worth $1,685,000 after purchasing an additional 193 shares during the last quarter. Finally, Cassilly Financial Group LLC increased its position in shares of iShares S&P 500 Value ETF by 1.8% during the third quarter. Cassilly Financial Group LLC now owns 9,876 shares of the company’s stock worth $2,255,000 after purchasing an additional 175 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock traded up $0.68 during trading hours on Thursday, hitting $231.46. The stock had a trading volume of 405,500 shares, compared to its average volume of 943,292. The firm has a market capitalization of $49.00 billion, a PE ratio of 20.70 and a beta of 0.83. The stock’s 50 day moving average is $234.41 and its 200 day moving average is $227.54. iShares S&P 500 Value ETF has a twelve month low of $202.45 and a twelve month high of $239.93.

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. 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.