Allworth Financial LP Cuts Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Allworth Financial LP trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 107,473 shares of the company’s stock after selling 4,501 shares during the period. Allworth Financial LP owned about 0.06% of iShares S&P 500 Value ETF worth $21,190,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Palisade Asset Management LLC purchased a new stake in iShares S&P 500 Value ETF during the 1st quarter worth $26,000. CarsonAllaria Wealth Management Ltd. lifted its stake in shares of iShares S&P 500 Value ETF by 289.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $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 third quarter worth about $31,000. Addison Advisors LLC grew its stake 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 valued at $51,000 after buying an additional 93 shares in the last quarter. Finally, TruNorth Capital Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at about $65,000.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $196.32 on Friday. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $201.08. The stock’s 50 day moving average price is $195.53 and its 200 day moving average price is $187.62. The firm has a market capitalization of $35.17 billion, a PE ratio of 23.79 and a beta of 0.81.

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.