1834 Investment Advisors Co. Sells 11,513 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

1834 Investment Advisors Co. decreased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 192,384 shares of the company’s stock after selling 11,513 shares during the quarter. iShares S&P 500 Value ETF makes up 4.4% of 1834 Investment Advisors Co.’s holdings, making the stock its 3rd biggest position. 1834 Investment Advisors Co. owned about 0.11% of iShares S&P 500 Value ETF worth $37,932,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CarsonAllaria Wealth Management Ltd. boosted its holdings in 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 during the period. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at $31,000. Valued Wealth Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at $35,000. Addison Advisors LLC increased its position in shares of iShares S&P 500 Value ETF by 50.0% in the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock worth $51,000 after purchasing an additional 93 shares during the period. Finally, TruNorth Capital Management LLC acquired a new position in iShares S&P 500 Value ETF in the second quarter valued at about $65,000.

iShares S&P 500 Value ETF Trading Up 1.0 %

Shares of iShares S&P 500 Value ETF stock opened at $196.37 on Wednesday. The company has a 50 day moving average of $196.11 and a 200-day moving average of $188.64. The company has a market cap of $35.18 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1-year low of $155.79 and a 1-year high of $201.08.

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.