iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Avestar Capital LLC

Avestar Capital LLC trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 31,491 shares of the company’s stock after selling 3,810 shares during the quarter. Avestar Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $6,011,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of IVE. Alpha Financial Partners LLC acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter worth $7,385,000. NBC Securities Inc. lifted its position in shares of iShares S&P 500 Value ETF by 33.3% during the third quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock worth $423,000 after purchasing an additional 536 shares during the last quarter. PFG Advisors grew its stake in iShares S&P 500 Value ETF by 3.8% in the third quarter. PFG Advisors now owns 11,195 shares of the company’s stock worth $2,207,000 after purchasing an additional 408 shares in the last quarter. Asset Dedication LLC increased its holdings in iShares S&P 500 Value ETF by 33.2% in the third quarter. Asset Dedication LLC now owns 4,027 shares of the company’s stock valued at $794,000 after buying an additional 1,003 shares during the last quarter. Finally, Prism Advisors Inc. raised its stake in iShares S&P 500 Value ETF by 1,625.7% during the third quarter. Prism Advisors Inc. now owns 74,120 shares of the company’s stock valued at $14,614,000 after buying an additional 69,825 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.3 %

NYSEARCA:IVE opened at $195.58 on Thursday. iShares S&P 500 Value ETF has a 52 week low of $173.01 and a 52 week high of $206.63. The company has a market cap of $35.04 billion, a PE ratio of 23.79 and a beta of 0.81. The business’s 50 day moving average is $194.67 and its two-hundred day moving average is $195.36.

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.