MBA Advisors LLC Sells 3,713 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

MBA Advisors LLC lessened its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 40.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,526 shares of the company’s stock after selling 3,713 shares during the period. MBA Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,055,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Alpha Financial Partners LLC bought a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $7,385,000. Annex Advisory Services LLC acquired a new position in shares of iShares S&P 500 Value ETF during the third quarter worth $279,000. Concourse Financial Group Securities Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 7.0% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock valued at $10,501,000 after purchasing an additional 3,500 shares during the last quarter. Professional Financial Advisors LLC boosted its position in shares of iShares S&P 500 Value ETF by 4.4% in the 3rd quarter. Professional Financial Advisors LLC now owns 5,239 shares of the company’s stock worth $1,033,000 after purchasing an additional 222 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA purchased a new position in iShares S&P 500 Value ETF during the 3rd quarter worth $332,000.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $194.62 on Monday. iShares S&P 500 Value ETF has a one year low of $173.01 and a one year high of $206.63. The stock has a market cap of $34.87 billion, a PE ratio of 23.79 and a beta of 0.81. The stock has a 50-day moving average of $195.01 and a two-hundred day moving average of $195.20.

iShares S&P 500 Value ETF Company 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.