Cliftonlarsonallen Wealth Advisors LLC Trims Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Cliftonlarsonallen Wealth Advisors LLC trimmed its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 635,819 shares of the company’s stock after selling 25,527 shares during the period. iShares S&P 500 Value ETF accounts for 2.4% of Cliftonlarsonallen Wealth Advisors LLC’s portfolio, making the stock its 11th largest holding. Cliftonlarsonallen Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $121,365,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after acquiring an additional 76 shares during the period. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $31,000. Valued Wealth Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF during the third quarter worth $35,000. Copley Financial Group Inc. purchased a new position in iShares S&P 500 Value ETF during the third quarter valued at $36,000. Finally, Hobbs Group Advisors LLC purchased a new position in iShares S&P 500 Value ETF during the third quarter valued at $40,000.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE traded up $2.77 during midday trading on Wednesday, hitting $193.07. 24,313 shares of the company traded hands, compared to its average volume of 835,422. iShares S&P 500 Value ETF has a 52 week low of $170.13 and a 52 week high of $206.63. The firm has a 50 day moving average of $197.41 and a 200-day moving average of $193.90. The stock has a market cap of $34.59 billion, a price-to-earnings 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.