iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Foundation Wealth Management LLC

Foundation Wealth Management LLC lessened its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.6% in the 4th quarter, Holdings Channel reports. The fund owned 173,218 shares of the company’s stock after selling 4,601 shares during the period. iShares S&P 500 Value ETF accounts for approximately 25.7% of Foundation Wealth Management LLC’s holdings, making the stock its 2nd biggest position. Foundation Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $33,064,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after acquiring an additional 76 shares during the period. Kentucky Trust Co acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth $29,000. Providence First Trust Co acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth $31,000. Centricity Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth $34,000. Finally, Perkins Coie Trust Co purchased a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $35,000.

iShares S&P 500 Value ETF Stock Down 0.6 %

Shares of IVE opened at $192.60 on Friday. The company has a 50-day simple moving average of $194.50 and a 200-day simple moving average of $196.30. The company has a market capitalization of $35.13 billion, a PE ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a 52-week low of $176.09 and a 52-week high of $206.63.

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.