iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 22.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,118 shares of the company’s stock after selling 317 shares during the quarter. Valley Wealth Managers Inc.’s holdings in iShares S&P 500 Value ETF were worth $203,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in IVE. Boston Partners lifted its holdings in iShares S&P 500 Value ETF by 36.9% during the 4th quarter. Boston Partners now owns 1,903 shares of the company’s stock worth $331,000 after buying an additional 513 shares in the last quarter. Vanguard Personalized Indexing Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth about $442,000. Clarity Capital Advisors LLC acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter worth $623,000. TrinityPoint Wealth LLC grew its stake in iShares S&P 500 Value ETF by 40.4% during the 4th quarter. TrinityPoint Wealth LLC now owns 1,878 shares of the company’s stock worth $327,000 after buying an additional 540 shares during the last quarter. Finally, UBS Group AG boosted its stake in iShares S&P 500 Value ETF by 0.4% during the 4th quarter. UBS Group AG now owns 3,558,382 shares of the company’s stock worth $618,767,000 after purchasing an additional 14,425 shares during the period.

iShares S&P 500 Value ETF Stock Up 0.6 %

IVE opened at $194.26 on Friday. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $196.36. The business has a 50 day moving average price of $189.39 and a two-hundred day moving average price of $184.71. The company has a market cap of $34.80 billion, a PE ratio of 23.79 and a beta of 0.81.

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.