Edgar Lomax Co. VA Decreases Stock Position in iShares S&P 500 Value ETF $IVE

Edgar Lomax Co. VA trimmed its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 20.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,799 shares of the company’s stock after selling 5,340 shares during the period. Edgar Lomax Co. VA’s holdings in iShares S&P 500 Value ETF were worth $3,964,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in IVE. Pinney & Scofield Inc. acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at $26,000. Cloud Capital Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the first quarter worth about $27,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in iShares S&P 500 Value ETF during the first quarter worth about $29,000. Nemes Rush Group LLC raised its stake in iShares S&P 500 Value ETF by 625.0% during the first quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares during the period. Finally, IMG Wealth Management Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter valued at approximately $34,000.

iShares S&P 500 Value ETF Stock Performance

Shares of iShares S&P 500 Value ETF stock opened at $201.64 on Monday. The company has a market cap of $40.48 billion, a P/E ratio of 20.70 and a beta of 0.94. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $206.63. The firm has a fifty day moving average of $196.30 and a two-hundred day moving average of $191.08.

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.