iShares S&P 500 Value ETF $IVE Shares Sold by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC lowered its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 52.6% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 62,270 shares of the company’s stock after selling 69,106 shares during the period. Gladstone Institutional Advisory LLC’s holdings in iShares S&P 500 Value ETF were worth $12,859,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of IVE. Dumont & Blake Investment Advisors LLC grew its holdings in iShares S&P 500 Value ETF by 0.5% during the third quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock worth $2,229,000 after acquiring an additional 49 shares during the period. Signal Advisors Wealth LLC grew its stake in shares of iShares S&P 500 Value ETF by 0.6% during the 3rd quarter. Signal Advisors Wealth LLC now owns 9,010 shares of the company’s stock worth $1,861,000 after purchasing an additional 51 shares during the period. Harbor Investment Advisory LLC increased its holdings in shares of iShares S&P 500 Value ETF by 0.3% during the 2nd quarter. Harbor Investment Advisory LLC now owns 20,113 shares of the company’s stock valued at $3,930,000 after purchasing an additional 59 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its stake in shares of iShares S&P 500 Value ETF by 2.2% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,749 shares of the company’s stock valued at $537,000 after purchasing an additional 59 shares during the period. Finally, Seneca House Advisors boosted its holdings in iShares S&P 500 Value ETF by 0.4% during the second quarter. Seneca House Advisors now owns 15,246 shares of the company’s stock worth $2,979,000 after buying an additional 62 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

IVE stock opened at $214.78 on Tuesday. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $215.35. The firm’s fifty day moving average is $210.77 and its 200 day moving average is $204.82. The firm has a market cap of $48.52 billion, a PE ratio of 20.70 and a beta of 0.89.

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. 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.