GDS Wealth Management Sells 55 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

GDS Wealth Management cut its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 3.1% during the 2nd quarter, Holdings Channel.com reports. The fund owned 1,709 shares of the company’s stock after selling 55 shares during the period. GDS Wealth Management’s holdings in iShares S&P 500 Value ETF were worth $311,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of IVE. Palisade Asset Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the first quarter valued at about $26,000. CarsonAllaria Wealth Management Ltd. grew its position in iShares S&P 500 Value ETF by 289.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares in the last quarter. Vima LLC purchased a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at about $27,000. Northwest Investment Counselors LLC bought a new position in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $29,000. Finally, Fortis Group Advisors LLC boosted its stake in shares of iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock worth $35,000 after buying an additional 100 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.8 %

IVE stock opened at $195.80 on Tuesday. The firm has a market cap of $35.08 billion, a PE ratio of 23.79 and a beta of 0.81. The business has a 50 day moving average of $189.67 and a 200-day moving average of $184.90. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $196.36.

iShares S&P 500 Value ETF Profile

(Free Report)

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.

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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:IVEFree Report).

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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