Hilltop Holdings Inc. cut its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 24.9% during the first quarter, Holdings Channel reports. The institutional investor owned 7,951 shares of the company’s stock after selling 2,631 shares during the quarter. Hilltop Holdings Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,679,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Simplex Trading LLC purchased a new position in iShares S&P 500 Value ETF in the fourth quarter worth $25,000. Hilton Head Capital Partners LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth $25,000. Decker Retirement Planning Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth $26,000. United Services Automobile Association acquired a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter worth $26,000. Finally, RMG Wealth Management LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 1st quarter worth $27,000.
iShares S&P 500 Value ETF Stock Up 0.9%
Shares of NYSEARCA IVE opened at $231.36 on Friday. iShares S&P 500 Value ETF has a 52 week low of $193.90 and a 52 week high of $233.57. The firm has a 50-day moving average price of $228.16 and a 200 day moving average price of $221.32. The stock has a market capitalization of $48.92 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.
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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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