iShares S&P 500 Value ETF $IVE Stock Holdings Lessened by Quadrant Private Wealth Management LLC

Quadrant Private Wealth Management LLC lowered its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 70,489 shares of the company’s stock after selling 2,518 shares during the period. iShares S&P 500 Value ETF accounts for approximately 2.3% of Quadrant Private Wealth Management LLC’s portfolio, making the stock its 4th biggest holding. Quadrant Private Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $14,884,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Simplex Trading LLC purchased a new position in iShares S&P 500 Value ETF in the 4th quarter valued at about $25,000. Hilton Head Capital Partners LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $25,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $26,000. United Services Automobile Association acquired a new position in shares of iShares S&P 500 Value ETF in the second quarter valued at approximately $26,000. Finally, Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $29,000.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $231.15 on Friday. iShares S&P 500 Value ETF has a 1 year low of $193.90 and a 1 year high of $233.58. The company’s 50 day simple moving average is $227.57 and its 200 day simple moving average is $220.70. The company has a market capitalization of $48.88 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.

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. 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.