Members Wealth LLC cut its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 13.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,917 shares of the company’s stock after selling 750 shares during the quarter. Members Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $937,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Pinney & Scofield Inc. bought a new position in iShares S&P 500 Value ETF in the 4th quarter worth $26,000. Kentucky Trust Co bought a new position in iShares S&P 500 Value ETF in the 4th quarter worth $29,000. Providence First Trust Co bought a new position in iShares S&P 500 Value ETF in the 4th quarter worth $31,000. Centricity Wealth Management LLC bought a new position in iShares S&P 500 Value ETF in the 4th quarter worth $34,000. Finally, SJS Investment Consulting Inc. bought a new position in iShares S&P 500 Value ETF in the 1st quarter worth $37,000.
iShares S&P 500 Value ETF Trading Down 0.3%
Shares of NYSEARCA IVE opened at $192.26 on Thursday. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $206.63. The firm has a market capitalization of $38.36 billion, a PE ratio of 20.88 and a beta of 0.89. The firm has a fifty day simple moving average of $184.36 and a two-hundred day simple moving average of $190.96.
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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