Raleigh Capital Management Inc. decreased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 18.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 9,216 shares of the company’s stock after selling 2,126 shares during the period. Raleigh Capital Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,093,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in IVE. Simplex Trading LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $25,000. RMG Wealth Management LLC bought a new stake in iShares S&P 500 Value ETF during the first quarter worth approximately $27,000. Hilton Head Capital Partners LLC acquired a new position in iShares S&P 500 Value ETF in the fourth quarter worth approximately $25,000. United Services Automobile Association acquired a new position in iShares S&P 500 Value ETF in the second quarter worth approximately $26,000. Finally, Palisade Asset Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at $29,000.
iShares S&P 500 Value ETF Stock Performance
NYSEARCA IVE opened at $238.01 on Friday. iShares S&P 500 Value ETF has a 1 year low of $200.52 and a 1 year high of $238.30. The business’s fifty day moving average is $230.24 and its two-hundred day moving average is $223.14. The stock has a market capitalization of $50.30 billion, a P/E ratio of 20.70 and a beta of 0.82.
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.
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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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