Dumont & Blake Investment Advisors LLC Sells 10,760 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Dumont & Blake Investment Advisors LLC decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 50.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,779 shares of the company’s stock after selling 10,760 shares during the period. Dumont & Blake Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $2,125,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Palisade Asset Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at $26,000. CarsonAllaria Wealth Management Ltd. grew its position in iShares S&P 500 Value ETF by 289.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after acquiring an additional 110 shares during the last quarter. Northwest Investment Counselors LLC bought a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at $31,000. Addison Advisors LLC grew its holdings in shares of iShares S&P 500 Value ETF by 50.0% during the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock worth $51,000 after purchasing an additional 93 shares during the last quarter. Finally, TruNorth Capital Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the second quarter valued at about $65,000.

iShares S&P 500 Value ETF Stock Up 0.2 %

IVE stock traded up $0.34 during trading on Friday, hitting $198.13. The company had a trading volume of 24,400 shares, compared to its average volume of 678,106. The stock has a market cap of $35.49 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12 month low of $147.23 and a 12 month high of $201.08. The firm has a 50-day moving average price of $195.36 and a 200-day moving average price of $187.54.

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.