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:IVE) 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

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.