Valley Wealth Managers Inc. Sells 217 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Valley Wealth Managers Inc. trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 19.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 901 shares of the company’s stock after selling 217 shares during the period. Valley Wealth Managers Inc.’s holdings in iShares S&P 500 Value ETF were worth $178,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in IVE. Sutton Place Investors LLC increased its stake in shares of iShares S&P 500 Value ETF by 9.3% in the 2nd quarter. Sutton Place Investors LLC now owns 5,704 shares of the company’s stock valued at $1,038,000 after buying an additional 483 shares during the period. NBC Securities Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 33.3% during the 3rd quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock valued at $423,000 after purchasing an additional 536 shares in the last quarter. Financial Partners Group Inc lifted its stake in iShares S&P 500 Value ETF by 2.7% in the second quarter. Financial Partners Group Inc now owns 2,784 shares of the company’s stock valued at $507,000 after buying an additional 74 shares in the last quarter. Ausdal Financial Partners Inc. boosted its stake in iShares S&P 500 Value ETF by 81.0% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock worth $9,110,000 after purchasing an additional 20,674 shares during the period. Finally, Concourse Financial Group Securities Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 7.0% during the third quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock worth $10,501,000 after buying an additional 3,500 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.3 %

NYSEARCA IVE opened at $199.51 on Friday. iShares S&P 500 Value ETF has a 12-month low of $161.43 and a 12-month high of $203.67. The firm’s 50 day moving average is $197.20 and its 200-day moving average is $189.67. The company has a market capitalization of $35.74 billion, a PE ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF 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.