iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 17.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 133,794 shares of the company’s stock after selling 29,218 shares during the quarter. Captrust Financial Advisors’ holdings in iShares S&P 500 Value ETF were worth $24,994,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Moloney Securities Asset Management LLC grew its position in shares of iShares S&P 500 Value ETF by 2.1% in the 1st quarter. Moloney Securities Asset Management LLC now owns 2,842 shares of the company’s stock worth $531,000 after acquiring an additional 58 shares in the last quarter. Claro Advisors LLC boosted its position in iShares S&P 500 Value ETF by 2.0% during the 1st quarter. Claro Advisors LLC now owns 3,033 shares of the company’s stock valued at $567,000 after purchasing an additional 60 shares during the period. Ellis Investment Partners LLC boosted its position in iShares S&P 500 Value ETF by 0.4% during the 4th quarter. Ellis Investment Partners LLC now owns 15,815 shares of the company’s stock valued at $2,750,000 after purchasing an additional 63 shares during the period. Beacon Bridge Wealth Partners LLC boosted its position in iShares S&P 500 Value ETF by 4.7% during the 4th quarter. Beacon Bridge Wealth Partners LLC now owns 1,404 shares of the company’s stock valued at $244,000 after purchasing an additional 63 shares during the period. Finally, Fountainhead AM LLC boosted its position in iShares S&P 500 Value ETF by 4.6% during the 1st quarter. Fountainhead AM LLC now owns 1,490 shares of the company’s stock valued at $278,000 after purchasing an additional 65 shares during the period.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE traded up $0.46 during midday trading on Tuesday, reaching $189.81. 195,245 shares of the company traded hands, compared to its average volume of 769,264. iShares S&P 500 Value ETF has a twelve month low of $147.23 and a twelve month high of $191.38. The firm has a market capitalization of $34.00 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The company has a fifty day moving average price of $183.83 and a 200 day moving average price of $181.15.

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.