Covenant Partners LLC Decreases Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Covenant Partners LLC cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 14.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 997 shares of the company’s stock after selling 167 shares during the quarter. Covenant Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $197,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Wealthcare Advisory Partners LLC raised its holdings in shares of iShares S&P 500 Value ETF by 20.0% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 8,168 shares of the company’s stock worth $1,526,000 after acquiring an additional 1,363 shares during the period. 180 Wealth Advisors LLC purchased a new position in iShares S&P 500 Value ETF during the first quarter worth about $208,000. Register Financial Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 60.2% in the 1st quarter. Register Financial Advisors LLC now owns 399 shares of the company’s stock valued at $75,000 after purchasing an additional 150 shares during the last quarter. CRA Financial Services LLC grew its stake in shares of iShares S&P 500 Value ETF by 6.1% in the 1st quarter. CRA Financial Services LLC now owns 4,844 shares of the company’s stock valued at $905,000 after buying an additional 277 shares during the period. Finally, Foguth Wealth Management LLC. acquired a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $904,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock traded down $1.47 during trading on Friday, hitting $196.32. 966,985 shares of the stock traded hands, compared to its average volume of 682,731. iShares S&P 500 Value ETF has a 52-week low of $147.23 and a 52-week high of $201.08. The firm has a market capitalization of $35.17 billion, a P/E ratio of 23.79 and a beta of 0.81. The firm’s fifty day moving average price is $195.65 and its 200-day moving average price is $187.70.

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.