Alternative Investment Advisors LLC. Sells 2,723 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Alternative Investment Advisors LLC. reduced its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 4.9% during the 3rd quarter, Holdings Channel reports. The fund owned 52,777 shares of the company’s stock after selling 2,723 shares during the period. iShares S&P 500 Value ETF makes up about 5.5% of Alternative Investment Advisors LLC.’s holdings, making the stock its 3rd largest holding. Alternative Investment Advisors LLC.’s holdings in iShares S&P 500 Value ETF were worth $10,406,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Chesapeake Wealth Management increased its holdings in shares of iShares S&P 500 Value ETF by 3.8% during the 3rd quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock valued at $272,000 after purchasing an additional 50 shares in the last quarter. Capital Square LLC grew its stake in iShares S&P 500 Value ETF by 1.3% in the 2nd quarter. Capital Square LLC now owns 4,339 shares of the company’s stock valued at $816,000 after acquiring an additional 55 shares during the period. HighMark Wealth Management LLC grew its position in shares of iShares S&P 500 Value ETF by 0.7% in the second quarter. HighMark Wealth Management LLC now owns 8,208 shares of the company’s stock valued at $1,494,000 after purchasing an additional 56 shares during the period. GDS Wealth Management raised its holdings in shares of iShares S&P 500 Value ETF by 3.3% during the third quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock valued at $348,000 after acquiring an additional 56 shares during the last quarter. Finally, Jaffetilchin Investment Partners LLC lifted its holdings in iShares S&P 500 Value ETF by 0.8% in the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 7,025 shares of the company’s stock valued at $1,279,000 after purchasing an additional 57 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.4 %

Shares of iShares S&P 500 Value ETF stock traded down $0.71 during trading hours on Friday, reaching $197.84. 102,346 shares of the company’s stock were exchanged, compared to its average volume of 655,298. The business has a fifty day moving average of $199.92 and a two-hundred day moving average of $192.21. The company has a market capitalization of $35.44 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 $170.13 and a 1 year high of $206.63.

About iShares S&P 500 Value ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report).

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

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