Sage Mountain Advisors LLC Has $464,000 Stock Position in iShares S&P 500 Value ETF $IVE

Sage Mountain Advisors LLC cut its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 12.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,373 shares of the company’s stock after selling 349 shares during the period. Sage Mountain Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $464,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IVE. MN Wealth Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 151.6% in the second quarter. MN Wealth Advisors LLC now owns 4,076 shares of the company’s stock worth $797,000 after acquiring an additional 2,456 shares in the last quarter. Silver Oak Advisory Group Inc. acquired a new position in shares of iShares S&P 500 Value ETF during the second quarter worth approximately $200,000. Briaud Financial Planning Inc lifted its holdings in shares of iShares S&P 500 Value ETF by 97.0% in the 2nd quarter. Briaud Financial Planning Inc now owns 727 shares of the company’s stock worth $142,000 after purchasing an additional 358 shares in the last quarter. FSM Wealth Advisors LLC grew its position in iShares S&P 500 Value ETF by 2.5% in the 2nd quarter. FSM Wealth Advisors LLC now owns 4,584 shares of the company’s stock valued at $904,000 after purchasing an additional 113 shares during the period. Finally, Insight Advisors LLC PA increased its stake in iShares S&P 500 Value ETF by 307.2% during the 2nd quarter. Insight Advisors LLC PA now owns 10,831 shares of the company’s stock valued at $2,117,000 after purchasing an additional 8,171 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.5%

iShares S&P 500 Value ETF stock opened at $209.86 on Friday. The firm has a market capitalization of $42.59 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94. The firm’s fifty day moving average price is $204.84 and its two-hundred day moving average price is $195.77. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $210.37.

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.