SteelPeak Wealth LLC decreased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 19.1% in the 1st quarter, HoldingsChannel.com reports. The fund owned 165,861 shares of the company’s stock after selling 39,153 shares during the quarter. iShares S&P 500 Value ETF comprises about 1.1% of SteelPeak Wealth LLC’s investment portfolio, making the stock its 17th largest holding. SteelPeak Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $35,022,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of IVE. Simplex Trading LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at $25,000. Hilton Head Capital Partners LLC acquired a new position in iShares S&P 500 Value ETF during the 4th quarter worth $25,000. Decker Retirement Planning Inc. acquired a new position in iShares S&P 500 Value ETF during the 4th quarter worth $26,000. United Services Automobile Association purchased a new stake in iShares S&P 500 Value ETF during the 2nd quarter worth about $26,000. Finally, Palisade Asset Management LLC purchased a new stake in iShares S&P 500 Value ETF during the 3rd quarter worth about $29,000.
iShares S&P 500 Value ETF Price Performance
IVE stock opened at $232.35 on Friday. The business’s 50-day moving average is $227.44 and its two-hundred day moving average is $220.63. The firm has a market capitalization of $49.10 billion, a P/E ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 1 year low of $193.90 and a 1 year high of $232.42.
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. 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.
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Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report).
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