iShares S&P 500 Value ETF $IVE Position Trimmed by Avestar Capital LLC

Avestar Capital LLC lowered its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 11.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,816 shares of the company’s stock after selling 3,087 shares during the period. Avestar Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $4,918,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of IVE. Brighton Jones LLC grew its holdings in shares of iShares S&P 500 Value ETF by 0.8% in the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after acquiring an additional 112 shares during the last quarter. Great Lakes Advisors LLC boosted its position in shares of iShares S&P 500 Value ETF by 6,385.7% in the 1st quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock valued at $83,000 after purchasing an additional 447 shares during the period. Chevy Chase Trust Holdings LLC boosted its position in shares of iShares S&P 500 Value ETF by 4.0% in the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 5,569 shares of the company’s stock valued at $1,088,000 after purchasing an additional 214 shares during the period. Schnieders Capital Management LLC. purchased a new position in iShares S&P 500 Value ETF in the 2nd quarter worth about $550,000. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in iShares S&P 500 Value ETF by 23.2% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 9,545 shares of the company’s stock worth $1,865,000 after buying an additional 1,800 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.4%

IVE stock opened at $221.01 on Thursday. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $223.05. The firm has a 50-day moving average of $216.33 and a two-hundred day moving average of $209.53. The firm has a market capitalization of $49.93 billion, a PE ratio of 20.70 and a beta of 0.89.

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.