iShares S&P 500 Value ETF $IVE Shares Sold by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC decreased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 16.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund 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 filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of IVE. Bank of America Corp DE increased its stake in iShares S&P 500 Value ETF by 2.0% during the first quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock worth $1,997,009,000 after acquiring an additional 182,358 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of iShares S&P 500 Value ETF by 2.0% in the 4th quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock valued at $1,328,436,000 after purchasing an additional 120,153 shares during the last quarter. MML Investors Services LLC grew its holdings in shares of iShares S&P 500 Value ETF by 48.8% during the 4th quarter. MML Investors Services LLC now owns 2,103,532 shares of the company’s stock worth $446,096,000 after purchasing an additional 689,967 shares during the period. Lido Advisors LLC grew its holdings in shares of iShares S&P 500 Value ETF by 4.4% during the 1st quarter. Lido Advisors LLC now owns 1,944,079 shares of the company’s stock worth $410,493,000 after purchasing an additional 81,088 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in shares of iShares S&P 500 Value ETF by 38.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,470,999 shares of the company’s stock worth $311,955,000 after purchasing an additional 405,698 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE traded up $0.68 during midday trading on Thursday, reaching $231.46. 405,500 shares of the company’s stock were exchanged, compared to its average volume of 943,292. The stock has a market cap of $49.00 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a fifty-two week low of $202.45 and a fifty-two week high of $239.93. The firm’s 50 day simple moving average is $234.41 and its two-hundred day simple moving average 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.