Elevated Financial Group LLC Sells 7,790 Shares of iShares S&P 500 Value ETF $IVE

Elevated Financial Group LLC lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.3% during the third quarter, HoldingsChannel.com reports. The firm owned 75,683 shares of the company’s stock after selling 7,790 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 4.8% of Elevated Financial Group LLC’s holdings, making the stock its 6th largest holding. Elevated Financial Group LLC’s holdings in iShares S&P 500 Value ETF were worth $17,277,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. CRA Financial Services LLC raised its holdings in shares of iShares S&P 500 Value ETF by 6.0% during the 3rd quarter. CRA Financial Services LLC now owns 9,469 shares of the company’s stock valued at $2,162,000 after purchasing an additional 539 shares in the last quarter. Robertson Stephens Wealth Management LLC lifted its stake in shares of iShares S&P 500 Value ETF by 3.2% in the 3rd quarter. Robertson Stephens Wealth Management LLC now owns 34,972 shares of the company’s stock valued at $7,983,000 after purchasing an additional 1,086 shares during the last quarter. Fiscal Wisdom Wealth Management LLC increased its position in iShares S&P 500 Value ETF by 4.0% during the third quarter. Fiscal Wisdom Wealth Management LLC now owns 3,276 shares of the company’s stock worth $748,000 after buying an additional 127 shares during the last quarter. Absolute Capital Management LLC raised its holdings in iShares S&P 500 Value ETF by 11.6% during the third quarter. Absolute Capital Management LLC now owns 30,092 shares of the company’s stock valued at $6,870,000 after buying an additional 3,138 shares in the last quarter. Finally, TD Waterhouse Canada Inc. raised its holdings in iShares S&P 500 Value ETF by 4.0% during the third quarter. TD Waterhouse Canada Inc. now owns 148,426 shares of the company’s stock valued at $33,998,000 after buying an additional 5,762 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $235.46 on Friday. iShares S&P 500 Value ETF has a fifty-two week low of $203.15 and a fifty-two week high of $239.93. The business has a 50-day moving average of $234.41 and a two-hundred day moving average of $228.61. The stock has a market capitalization of $49.82 billion, a P/E ratio of 20.70 and a beta of 0.83.

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. 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.