iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC trimmed its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.8% during the third quarter, Holdings Channel reports. The institutional investor owned 1,268 shares of the company’s stock after selling 50 shares during the quarter. Acorn Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $250,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Northwest Investment Counselors LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at about $31,000. Valued Wealth Advisors LLC purchased a new position in iShares S&P 500 Value ETF in the third quarter valued at approximately $35,000. Addison Advisors LLC increased its stake in iShares S&P 500 Value ETF by 50.0% in the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after purchasing an additional 93 shares during the last quarter. Colony Family Offices LLC lifted its position in shares of iShares S&P 500 Value ETF by 77.3% during the 3rd quarter. Colony Family Offices LLC now owns 273 shares of the company’s stock worth $54,000 after buying an additional 119 shares during the last quarter. Finally, TruNorth Capital Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter worth approximately $65,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $205.20 on Tuesday. The firm’s fifty day moving average price is $198.20 and its 200 day moving average price is $190.68. iShares S&P 500 Value ETF has a 12 month low of $163.68 and a 12 month high of $205.87. The company has a market capitalization of $36.76 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.