GAMMA Investing LLC Lowers Stake in iShares S&P 500 Value ETF $IVE

GAMMA Investing LLC cut its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 29.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,772 shares of the company’s stock after selling 736 shares during the quarter. GAMMA Investing LLC’s holdings in iShares S&P 500 Value ETF were worth $346,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Realta Investment Advisors grew its holdings in shares of iShares S&P 500 Value ETF by 4.4% during the first quarter. Realta Investment Advisors now owns 1,380 shares of the company’s stock worth $263,000 after buying an additional 58 shares in the last quarter. Graney & King LLC grew its holdings in shares of iShares S&P 500 Value ETF by 22.5% during the first quarter. Graney & King LLC now owns 316 shares of the company’s stock worth $60,000 after buying an additional 58 shares in the last quarter. Harbor Investment Advisory LLC grew its holdings in shares of iShares S&P 500 Value ETF by 0.3% during the second quarter. Harbor Investment Advisory LLC now owns 20,113 shares of the company’s stock worth $3,930,000 after buying an additional 59 shares in the last quarter. Country Club Bank grew its holdings in shares of iShares S&P 500 Value ETF by 1.1% during the first quarter. Country Club Bank now owns 5,723 shares of the company’s stock worth $1,080,000 after buying an additional 60 shares in the last quarter. Finally, Confluence Wealth Services Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 2.5% during the first quarter. Confluence Wealth Services Inc. now owns 2,555 shares of the company’s stock worth $459,000 after buying an additional 62 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $205.47 on Friday. The company’s 50 day simple moving average is $201.56 and its 200 day simple moving average is $192.79. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $206.63. The stock has a market capitalization of $41.25 billion, a PE 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.