Colton Groome Financial Advisors LLC Sells 352 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Colton Groome Financial Advisors LLC trimmed its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.8% in the 1st quarter, Holdings Channel reports. The fund owned 2,910 shares of the company’s stock after selling 352 shares during the quarter. Colton Groome Financial Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $544,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Claro Advisors LLC lifted its position in iShares S&P 500 Value ETF by 2.0% in the first quarter. Claro Advisors LLC now owns 3,033 shares of the company’s stock worth $567,000 after purchasing an additional 60 shares during the period. BKM Wealth Management LLC lifted its position in iShares S&P 500 Value ETF by 2.9% in the first quarter. BKM Wealth Management LLC now owns 63,882 shares of the company’s stock worth $11,934,000 after purchasing an additional 1,802 shares during the period. Diversified Trust Co lifted its position in iShares S&P 500 Value ETF by 3.9% in the first quarter. Diversified Trust Co now owns 3,335 shares of the company’s stock worth $623,000 after purchasing an additional 124 shares during the period. RHS Financial LLC bought a new position in iShares S&P 500 Value ETF in the first quarter worth $217,000. Finally, Aviance Capital Partners LLC bought a new position in iShares S&P 500 Value ETF in the first quarter worth $204,000.

iShares S&P 500 Value ETF Trading Down 0.5 %

IVE stock traded down $0.99 during midday trading on Monday, hitting $181.02. The stock had a trading volume of 904,571 shares, compared to its average volume of 801,697. The firm has a market capitalization of $32.43 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $187.24. The stock has a 50-day simple moving average of $182.48 and a 200 day simple moving average of $179.37.

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.