Bare Financial Services Inc trimmed its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 1.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,998 shares of the company’s stock after selling 337 shares during the quarter. iShares S&P 500 Value ETF accounts for about 1.5% of Bare Financial Services Inc’s portfolio, making the stock its 17th biggest holding. Bare Financial Services Inc’s holdings in iShares S&P 500 Value ETF were worth $3,811,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of IVE. Pinney & Scofield Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $26,000. Cloud Capital Management LLC acquired a new position in iShares S&P 500 Value ETF in the first quarter worth approximately $27,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in iShares S&P 500 Value ETF in the first quarter worth approximately $29,000. Nemes Rush Group LLC increased its holdings in iShares S&P 500 Value ETF by 625.0% in the first quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock worth $33,000 after buying an additional 150 shares during the last quarter. Finally, IMG Wealth Management Inc. acquired a new position in iShares S&P 500 Value ETF in the first quarter worth approximately $34,000.
iShares S&P 500 Value ETF Stock Performance
NYSEARCA:IVE opened at $198.78 on Friday. The stock’s 50 day moving average price is $195.24 and its 200 day moving average price is $190.99. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $206.63. The company has a market capitalization of $39.77 billion, a P/E ratio of 20.70 and a beta of 0.94.
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.
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