Wealthcare Advisory Partners LLC reduced its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 2.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,381 shares of the company’s stock after selling 206 shares during the period. Wealthcare Advisory Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $1,600,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Moors & Cabot Inc. lifted its position in iShares S&P 500 Value ETF by 8.2% in the second quarter. Moors & Cabot Inc. now owns 2,075 shares of the company’s stock valued at $378,000 after acquiring an additional 157 shares during the last quarter. Edgestream Partners L.P. purchased a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at about $456,000. Vanguard Personalized Indexing Management LLC grew its stake in iShares S&P 500 Value ETF by 41.1% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 7,462 shares of the company’s stock worth $1,351,000 after buying an additional 2,174 shares during the last quarter. Blair William & Co. IL increased its position in iShares S&P 500 Value ETF by 8.6% during the second quarter. Blair William & Co. IL now owns 38,248 shares of the company’s stock worth $6,962,000 after buying an additional 3,016 shares during the period. Finally, Hsbc Holdings PLC lifted its stake in iShares S&P 500 Value ETF by 50.3% in the second quarter. Hsbc Holdings PLC now owns 5,605 shares of the company’s stock valued at $1,020,000 after buying an additional 1,875 shares during the last quarter.
iShares S&P 500 Value ETF Trading Up 0.7 %
Shares of IVE opened at $194.09 on Friday. The company’s 50 day simple moving average is $196.93 and its 200-day simple moving average is $194.06. The firm has a market cap of $34.77 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12-month low of $170.13 and a 12-month high of $206.63.
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.
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