Atlas Brown Inc. Sells 163 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Atlas Brown Inc. trimmed its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,773 shares of the company’s stock after selling 163 shares during the quarter. Atlas Brown Inc.’s holdings in iShares S&P 500 Value ETF were worth $529,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of IVE. Northwest Investment Counselors LLC bought a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at $31,000. Valued Wealth Advisors LLC bought a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at about $35,000. Copley Financial Group Inc. bought a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at about $36,000. Hobbs Group Advisors LLC acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter valued at about $40,000. Finally, Colony Family Offices LLC increased its holdings in iShares S&P 500 Value ETF by 77.3% during the 3rd quarter. Colony Family Offices LLC now owns 273 shares of the company’s stock worth $54,000 after purchasing an additional 119 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 1.6 %

Shares of NYSEARCA:IVE traded down $3.05 during mid-day trading on Friday, hitting $188.10. 704,553 shares of the company traded hands, compared to its average volume of 1,053,156. The stock has a 50-day moving average price of $197.76 and a two-hundred day moving average price of $193.60. iShares S&P 500 Value ETF has a 12-month low of $170.13 and a 12-month high of $206.63. The stock has a market cap of $33.70 billion, a P/E 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.