XML Financial LLC Lowers Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

XML Financial LLC decreased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 36.0% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,179 shares of the company’s stock after selling 663 shares during the quarter. XML Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $225,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $311,273,000. Sofi Wealth LLC increased its position in iShares S&P 500 Value ETF by 6,106.5% in the 1st quarter. Sofi Wealth LLC now owns 897,268 shares of the company’s stock valued at $171,001,000 after acquiring an additional 882,811 shares during the period. Park Avenue Securities LLC increased its position in iShares S&P 500 Value ETF by 53.1% in the 1st quarter. Park Avenue Securities LLC now owns 1,450,465 shares of the company’s stock valued at $276,430,000 after acquiring an additional 502,776 shares during the period. Envestnet Asset Management Inc. increased its position in iShares S&P 500 Value ETF by 3.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 13,435,769 shares of the company’s stock worth $2,564,620,000 after purchasing an additional 493,784 shares during the period. Finally, GAMMA Investing LLC increased its position in iShares S&P 500 Value ETF by 18,958.0% during the 1st quarter. GAMMA Investing LLC now owns 477,975 shares of the company’s stock worth $91,092,000 after purchasing an additional 475,467 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.8%

NYSEARCA IVE opened at $193.13 on Wednesday. The business’s 50 day moving average is $187.10 and its two-hundred day moving average is $190.05. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $206.63. The stock has a market capitalization of $38.72 billion, a price-to-earnings ratio of 20.88 and a beta of 0.89.

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.