iShares S&P 500 Value ETF $IVE Stock Sold by Garde Capital Inc.

Garde Capital Inc. cut its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 14.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 12,865 shares of the company’s stock after selling 2,177 shares during the quarter. Garde Capital Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,937,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in IVE. Gerber Kawasaki Wealth & Investment Management increased its stake in iShares S&P 500 Value ETF by 1.9% during the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 2,377 shares of the company’s stock worth $543,000 after buying an additional 44 shares during the period. Rockwood Wealth Management LLC boosted its position in iShares S&P 500 Value ETF by 2.7% in the 1st quarter. Rockwood Wealth Management LLC now owns 1,785 shares of the company’s stock valued at $377,000 after buying an additional 47 shares during the last quarter. Client 1ST Advisory Group LLC grew its stake in shares of iShares S&P 500 Value ETF by 1.5% during the third quarter. Client 1ST Advisory Group LLC now owns 3,407 shares of the company’s stock valued at $778,000 after acquiring an additional 50 shares in the last quarter. Wealthgarden F.S. LLC grew its stake in shares of iShares S&P 500 Value ETF by 0.9% during the first quarter. Wealthgarden F.S. LLC now owns 5,988 shares of the company’s stock valued at $1,264,000 after acquiring an additional 53 shares in the last quarter. Finally, CWA Asset Management Group LLC increased its position in shares of iShares S&P 500 Value ETF by 4.5% during the third quarter. CWA Asset Management Group LLC now owns 1,229 shares of the company’s stock worth $280,000 after acquiring an additional 53 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE opened at $239.80 on Tuesday. iShares S&P 500 Value ETF has a 1 year low of $203.15 and a 1 year high of $241.38. The stock’s 50-day simple moving average is $234.79 and its 200-day simple moving average is $226.24. The firm has a market cap of $50.78 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83.

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.