iShares S&P 500 Value ETF $IVE Stock Position Lessened by Avestar Capital LLC

Avestar Capital LLC trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 11.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,816 shares of the company’s stock after selling 3,087 shares during the period. Avestar Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $4,918,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of IVE. United Services Automobile Association bought a new position in shares of iShares S&P 500 Value ETF in the second quarter valued at approximately $26,000. Center for Financial Planning Inc. acquired a new stake in iShares S&P 500 Value ETF in the third quarter worth approximately $32,000. Tripletail Wealth Management LLC acquired a new stake in iShares S&P 500 Value ETF in the third quarter worth approximately $37,000. Rossmore Private Capital bought a new position in iShares S&P 500 Value ETF during the 3rd quarter valued at $44,000. Finally, Cloud Capital Management LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at $45,000.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $221.01 on Thursday. The company has a market capitalization of $49.93 billion, a PE ratio of 20.70 and a beta of 0.89. The stock’s fifty day moving average is $216.33 and its 200-day moving average is $209.53. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $223.05.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.