iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Nvest Financial LLC

Nvest Financial LLC decreased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.8% in the first quarter, HoldingsChannel reports. The institutional investor owned 39,156 shares of the company’s stock after selling 737 shares during the period. iShares S&P 500 Value ETF makes up 4.9% of Nvest Financial LLC’s portfolio, making the stock its 4th biggest position. Nvest Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $7,315,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Claro Advisors LLC grew its holdings in shares of iShares S&P 500 Value ETF by 2.0% in the 1st quarter. Claro Advisors LLC now owns 3,033 shares of the company’s stock worth $567,000 after purchasing an additional 60 shares during the last quarter. Ellis Investment Partners LLC grew its holdings in shares of iShares S&P 500 Value ETF by 0.4% in the 4th quarter. Ellis Investment Partners LLC now owns 15,815 shares of the company’s stock worth $2,750,000 after purchasing an additional 63 shares during the last quarter. Beacon Bridge Wealth Partners LLC grew its holdings in shares of iShares S&P 500 Value ETF by 4.7% in the 4th quarter. Beacon Bridge Wealth Partners LLC now owns 1,404 shares of the company’s stock worth $244,000 after purchasing an additional 63 shares during the last quarter. Trifecta Capital Advisors LLC grew its holdings in shares of iShares S&P 500 Value ETF by 2.0% in the 4th quarter. Trifecta Capital Advisors LLC now owns 3,401 shares of the company’s stock worth $591,000 after purchasing an additional 66 shares during the last quarter. Finally, Gradient Capital Advisors LLC grew its holdings in shares of iShares S&P 500 Value ETF by 2.5% in the 1st quarter. Gradient Capital Advisors LLC now owns 2,759 shares of the company’s stock worth $515,000 after purchasing an additional 66 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE traded up $0.65 during trading hours on Tuesday, hitting $181.71. The stock had a trading volume of 456,004 shares, compared to its average volume of 798,953. The company’s fifty day moving average is $182.52 and its two-hundred day moving average is $179.49. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $187.24. The stock has a market capitalization of $32.55 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.