iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Alta Wealth Advisors LLC

Alta Wealth Advisors LLC cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 35.4% during the first quarter, HoldingsChannel.com reports. The firm owned 9,771 shares of the company’s stock after selling 5,356 shares during the period. iShares S&P 500 Value ETF accounts for 0.9% of Alta Wealth Advisors LLC’s portfolio, making the stock its 24th biggest position. Alta Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,862,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in IVE. Family Firm Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 0.5% during the fourth quarter. Family Firm Inc. now owns 10,464 shares of the company’s stock valued at $1,998,000 after acquiring an additional 57 shares in the last quarter. Lifeworks Advisors LLC grew its position in iShares S&P 500 Value ETF by 2.6% during the 4th quarter. Lifeworks Advisors LLC now owns 2,390 shares of the company’s stock worth $456,000 after purchasing an additional 60 shares during the last quarter. Perennial Investment Advisors LLC increased its stake in iShares S&P 500 Value ETF by 1.0% during the 4th quarter. Perennial Investment Advisors LLC now owns 6,143 shares of the company’s stock valued at $1,173,000 after purchasing an additional 62 shares in the last quarter. Beacon Financial Group raised its holdings in shares of iShares S&P 500 Value ETF by 1.3% in the first quarter. Beacon Financial Group now owns 5,307 shares of the company’s stock worth $1,011,000 after buying an additional 66 shares during the last quarter. Finally, Advisors Capital Management LLC raised its holdings in shares of iShares S&P 500 Value ETF by 1.5% in the fourth quarter. Advisors Capital Management LLC now owns 4,513 shares of the company’s stock worth $861,000 after buying an additional 68 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $193.52 on Friday. The company’s fifty day moving average price is $187.73 and its 200-day moving average price is $190.01. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $206.63. The firm has a market capitalization of $38.86 billion, a PE ratio of 20.88 and a beta of 0.94.

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.