iShares S&P 500 Value ETF $IVE Stock Sold by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC cut its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 26.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 32,166 shares of the company’s stock after selling 11,565 shares during the period. Avidian Wealth Enterprises LLC’s holdings in iShares S&P 500 Value ETF were worth $7,343,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CX Institutional raised its position in iShares S&P 500 Value ETF by 7.4% during the third quarter. CX Institutional now owns 215,726 shares of the company’s stock valued at $49,246,000 after purchasing an additional 14,951 shares during the period. M Holdings Securities Inc. purchased a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at about $2,929,000. PAX Financial Group LLC grew its stake in iShares S&P 500 Value ETF by 3.3% in the first quarter. PAX Financial Group LLC now owns 144,883 shares of the company’s stock worth $30,592,000 after purchasing an additional 4,640 shares in the last quarter. Beacon Advisors Holdings LLC purchased a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at $2,041,000. Finally, SB Capital Management Inc purchased a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $953,000.

iShares S&P 500 Value ETF Trading Up 0.2%

Shares of IVE traded up $0.54 during trading hours on Thursday, hitting $231.32. The company had a trading volume of 288,700 shares, compared to its average volume of 942,629. The company has a market capitalization of $48.97 billion, a PE ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a one year low of $202.45 and a one year high of $239.93. The company’s fifty day moving average price is $234.41 and its two-hundred day moving average price is $227.54.

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. 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.