Trifecta Capital Advisors LLC Sells 493 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Trifecta Capital Advisors LLC reduced its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 15.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,606 shares of the company’s stock after selling 493 shares during the quarter. Trifecta Capital Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $474,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF during the first quarter valued at $26,000. Vima LLC purchased a new position in iShares S&P 500 Value ETF during the 4th quarter valued at about $27,000. CarsonAllaria Wealth Management Ltd. raised its holdings in shares of iShares S&P 500 Value ETF by 289.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares in the last quarter. Northwest Investment Counselors LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter worth approximately $29,000. Finally, Fortis Group Advisors LLC boosted its stake in shares of iShares S&P 500 Value ETF by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock valued at $35,000 after purchasing an additional 100 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.2 %

Shares of IVE stock opened at $192.79 on Wednesday. The company’s 50 day moving average is $188.69 and its 200 day moving average is $184.49. The firm has a market cap of $34.54 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52-week low of $147.23 and a 52-week high of $196.36.

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.