iShares S&P 500 Value ETF $IVE Shares Sold by Cabot Wealth Management Inc.

Cabot Wealth Management Inc. lowered its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 99.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,233 shares of the company’s stock after selling 1,522,875 shares during the period. Cabot Wealth Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $510,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Krilogy Financial LLC increased its stake in shares of iShares S&P 500 Value ETF by 52.0% during the third quarter. Krilogy Financial LLC now owns 10,291 shares of the company’s stock valued at $2,407,000 after purchasing an additional 3,522 shares in the last quarter. CX Institutional lifted its holdings in shares of iShares S&P 500 Value ETF by 7.4% during the third quarter. CX Institutional now owns 215,726 shares of the company’s stock valued at $49,246,000 after purchasing an additional 14,951 shares during the last quarter. Amundi lifted its holdings in shares of iShares S&P 500 Value ETF by 18.1% during the second quarter. Amundi now owns 59,900 shares of the company’s stock valued at $13,601,000 after purchasing an additional 9,200 shares during the last quarter. Soltis Investment Advisors LLC boosted its position in shares of iShares S&P 500 Value ETF by 11.9% in the 3rd quarter. Soltis Investment Advisors LLC now owns 41,801 shares of the company’s stock worth $9,542,000 after purchasing an additional 4,440 shares in the last quarter. Finally, IFP Advisors Inc boosted its position in shares of iShares S&P 500 Value ETF by 5.1% in the 3rd quarter. IFP Advisors Inc now owns 156,316 shares of the company’s stock worth $35,684,000 after purchasing an additional 7,577 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.9%

iShares S&P 500 Value ETF stock opened at $242.73 on Thursday. iShares S&P 500 Value ETF has a twelve month low of $203.15 and a twelve month high of $244.72. The company has a market capitalization of $51.73 billion, a P/E ratio of 22.47 and a beta of 0.82. The stock’s 50 day moving average is $235.14 and its 200 day moving average is $227.05.

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.