iShares S&P 500 Value ETF $IVE Stock Holdings Lowered by Valmark Advisers Inc.

Valmark Advisers Inc. lessened its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 283,312 shares of the company’s stock after selling 2,340 shares during the period. Valmark Advisers Inc. owned approximately 0.13% of iShares S&P 500 Value ETF worth $59,821,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of IVE. Simplex Trading LLC bought a new position in iShares S&P 500 Value ETF in the 4th quarter worth about $25,000. Hilton Head Capital Partners LLC bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $25,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $26,000. United Services Automobile Association acquired a new position in shares of iShares S&P 500 Value ETF during the second quarter worth approximately $26,000. Finally, Palisade Asset Management LLC bought a new position in iShares S&P 500 Value ETF in the 3rd quarter worth approximately $29,000.

iShares S&P 500 Value ETF Trading Up 0.3%

IVE traded up $0.58 during trading hours on Friday, hitting $230.49. The company’s stock had a trading volume of 392,038 shares, compared to its average volume of 1,112,593. iShares S&P 500 Value ETF has a fifty-two week low of $193.90 and a fifty-two week high of $232.28. The firm has a market capitalization of $48.63 billion, a PE ratio of 20.70 and a beta of 0.82. The company has a 50-day simple moving average of $226.88 and a 200 day simple moving average of $220.11.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.