1834 Investment Advisors Co. lessened its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 5.1% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 163,617 shares of the company’s stock after selling 8,716 shares during the period. iShares S&P 500 Value ETF accounts for approximately 4.0% of 1834 Investment Advisors Co.’s holdings, making the stock its 3rd biggest position. 1834 Investment Advisors Co. owned about 0.08% of iShares S&P 500 Value ETF worth $31,974,000 at the end of the most recent quarter.
Several other large investors have also made changes to their positions in IVE. Flow Traders U.S. LLC purchased a new position in iShares S&P 500 Value ETF in the 1st quarter worth approximately $7,724,000. Verdence Capital Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the first quarter valued at approximately $206,000. Geneos Wealth Management Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 5.8% in the first quarter. Geneos Wealth Management Inc. now owns 45,091 shares of the company’s stock worth $8,627,000 after buying an additional 2,477 shares in the last quarter. Telos Capital Management Inc. boosted its position in shares of iShares S&P 500 Value ETF by 5.9% during the first quarter. Telos Capital Management Inc. now owns 16,987 shares of the company’s stock worth $3,237,000 after acquiring an additional 940 shares during the last quarter. Finally, LVZ Inc. grew its stake in iShares S&P 500 Value ETF by 2.0% during the second quarter. LVZ Inc. now owns 449,606 shares of the company’s stock valued at $87,862,000 after acquiring an additional 8,641 shares in the last quarter.
iShares S&P 500 Value ETF Stock Up 0.8%
Shares of IVE stock opened at $205.47 on Friday. The company’s fifty day simple moving average is $201.56 and its two-hundred day simple moving average is $192.79. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $206.63. The stock has a market cap of $41.25 billion, a P/E ratio of 20.70 and a beta of 0.94.
iShares S&P 500 Value ETF Company 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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