Alta Wealth Advisors LLC Has $1.34 Million Holdings in iShares S&P 500 Value ETF $IVE

Alta Wealth Advisors LLC lessened its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 30.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,832 shares of the company’s stock after selling 2,939 shares during the quarter. Alta Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,335,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Flow Traders U.S. LLC acquired a new position in iShares S&P 500 Value ETF in the first quarter valued at about $7,724,000. Verdence Capital Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter valued at approximately $206,000. Geneos Wealth Management Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 5.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 45,091 shares of the company’s stock valued at $8,627,000 after purchasing an additional 2,477 shares in the last quarter. Telos Capital Management Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 5.9% during the 1st quarter. Telos Capital Management Inc. now owns 16,987 shares of the company’s stock valued at $3,237,000 after purchasing an additional 940 shares during the last quarter. Finally, LVZ Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 2.0% during the 2nd quarter. LVZ Inc. now owns 449,606 shares of the company’s stock valued at $87,862,000 after purchasing an additional 8,641 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.4%

Shares of iShares S&P 500 Value ETF stock opened at $207.84 on Friday. The firm has a market capitalization of $41.99 billion, a PE ratio of 20.70 and a beta of 0.94. The firm’s 50 day moving average is $202.31 and its 200 day moving average is $193.45. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $208.86.

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.