Stony Point Wealth Management Inc. Sells 1,518 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Stony Point Wealth Management Inc. trimmed its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,001 shares of the company’s stock after selling 1,518 shares during the quarter. iShares S&P 500 Value ETF makes up 1.8% of Stony Point Wealth Management Inc.’s holdings, making the stock its 15th largest position. Stony Point Wealth Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,003,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. FMR LLC grew its stake in iShares S&P 500 Value ETF by 9.8% in the 4th quarter. FMR LLC now owns 1,806,689 shares of the company’s stock valued at $182,729,000 after buying an additional 161,525 shares during the last quarter. Ellis Investment Partners LLC grew its stake in iShares S&P 500 Value ETF by 11,372.8% in the 1st quarter. Ellis Investment Partners LLC now owns 1,606,307 shares of the company’s stock valued at $1,606,000 after buying an additional 1,592,306 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in iShares S&P 500 Value ETF by 0.7% in the 2nd quarter. Commonwealth Equity Services LLC now owns 777,422 shares of the company’s stock valued at $90,624,000 after buying an additional 5,490 shares during the last quarter. Raymond James & Associates grew its stake in iShares S&P 500 Value ETF by 2.1% in the 1st quarter. Raymond James & Associates now owns 641,292 shares of the company’s stock valued at $72,299,000 after buying an additional 13,176 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC grew its stake in iShares S&P 500 Value ETF by 6.9% in the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 620,037 shares of the company’s stock valued at $72,278,000 after buying an additional 40,215 shares during the last quarter.

IVE traded down $1.25 on Friday, reaching $115.70. The company had a trading volume of 18,660 shares, compared to its average volume of 847,309. iShares S&P 500 Value ETF has a fifty-two week low of $94.72 and a fifty-two week high of $120.00. The firm’s fifty day simple moving average is $117.52.

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.

Further Reading: Quick Ratio

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

Receive News & Ratings for iShares S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.