Inspirion Wealth Advisors LLC Sells 423 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Inspirion Wealth Advisors LLC lessened its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,257 shares of the company’s stock after selling 423 shares during the quarter. Inspirion Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $839,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Ausdal Financial Partners Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 81.0% in the third quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock worth $9,110,000 after acquiring an additional 20,674 shares during the period. Canandaigua National Bank & Trust Co. bought a new stake in iShares S&P 500 Value ETF during the third quarter valued at approximately $475,000. Unique Wealth LLC purchased a new position in iShares S&P 500 Value ETF in the 3rd quarter worth approximately $344,000. Whitcomb & Hess Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 1.0% in the 3rd quarter. Whitcomb & Hess Inc. now owns 6,023 shares of the company’s stock worth $1,188,000 after buying an additional 58 shares during the last quarter. Finally, Praetorian Wealth Management Inc. raised its position in shares of iShares S&P 500 Value ETF by 0.3% during the 3rd quarter. Praetorian Wealth Management Inc. now owns 332,981 shares of the company’s stock valued at $65,654,000 after buying an additional 959 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.7 %

Shares of NYSEARCA IVE traded up $1.29 during mid-day trading on Friday, reaching $196.65. 329,205 shares of the company were exchanged, compared to its average volume of 701,597. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $197.63. The company’s 50 day moving average price is $192.30 and its 200 day moving average price is $186.26. The stock has a market capitalization of $35.23 billion, a PE ratio of 23.79 and a beta of 0.81.

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.