Alta Wealth Advisors LLC Trims Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Alta Wealth Advisors LLC reduced its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 2.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,891 shares of the company’s stock after selling 210 shares during the quarter. Alta Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,214,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Financial Gravity Asset Management Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the second quarter valued at approximately $25,000. Fortis Capital Advisors LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $28,000. Hibernia Wealth Partners LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $31,000. Tower Research Capital LLC TRC purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $37,000. Finally, Avondale Wealth Management purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $41,000.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE traded up $0.33 during trading on Thursday, reaching $174.30. The stock had a trading volume of 280,840 shares, compared to its average volume of 657,715. The business has a fifty day moving average price of $161.96 and a 200-day moving average price of $160.78. The stock has a market cap of $27.56 billion, a PE ratio of 15.85 and a beta of 0.94. iShares S&P 500 Value ETF has a 1-year low of $142.56 and a 1-year high of $174.40.

iShares S&P 500 Value ETF Profile

(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.

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

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