Addison Advisors LLC Decreases Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Addison Advisors LLC lessened its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 33.3% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 186 shares of the company’s stock after selling 93 shares during the quarter. Addison Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $37,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. Northwest Investment Counselors LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at about $31,000. Valued Wealth Advisors LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $35,000. TruNorth Capital Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the second quarter valued at approximately $65,000. Avondale Wealth Management lifted its position in shares of iShares S&P 500 Value ETF by 24.8% during the second quarter. Avondale Wealth Management now owns 362 shares of the company’s stock worth $66,000 after purchasing an additional 72 shares in the last quarter. Finally, Reston Wealth Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at $74,000.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $202.59 on Tuesday. iShares S&P 500 Value ETF has a 12-month low of $157.33 and a 12-month high of $203.67. The company has a market capitalization of $36.29 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The firm’s fifty day moving average price is $196.49 and its 200 day moving average price is $189.08.

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.