Miracle Mile Advisors LLC Decreases Holdings in iShares S&P 500 Value ETF $IVE

by · The Markets Daily

Miracle Mile Advisors LLC decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 53.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 356,907 shares of the company’s stock after selling 414,710 shares during the quarter. iShares S&P 500 Value ETF accounts for 1.1% of Miracle Mile Advisors LLC’s portfolio, making the stock its 23rd largest position. Miracle Mile Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $73,705,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. United Services Automobile Association bought a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter worth approximately $26,000. Harbor Asset Planning Inc. bought a new stake in iShares S&P 500 Value ETF in the second quarter worth $30,000. Flaharty Asset Management LLC purchased a new stake in iShares S&P 500 Value ETF during the first quarter valued at about $33,000. Ryan Investment Management Inc. bought a new position in shares of iShares S&P 500 Value ETF during the second quarter valued at about $36,000. Finally, Tripletail Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF during the third quarter valued at about $37,000.

iShares S&P 500 Value ETF Trading Down 0.7%

IVE opened at $212.07 on Thursday. The company has a market cap of $43.25 billion, a P/E ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $214.90. The business’s 50-day moving average price is $210.58 and its 200-day moving average price is $204.24.

iShares S&P 500 Value ETF Profile

(Free Report)

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.

See Also

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