Empirical Asset Management LLC lessened its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 14.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,540 shares of the company’s stock after selling 1,288 shares during the quarter. Empirical Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $1,487,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of IVE. Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 1st quarter valued at $26,000. Vima LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $27,000. CarsonAllaria Wealth Management Ltd. grew its position in shares of iShares S&P 500 Value ETF by 289.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares in the last quarter. Northwest Investment Counselors LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 1st quarter valued at $29,000. Finally, Fortis Group Advisors LLC grew its position in shares of iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock valued at $35,000 after purchasing an additional 100 shares in the last quarter.
iShares S&P 500 Value ETF Stock Up 0.2 %
NYSEARCA:IVE traded up $0.47 during midday trading on Monday, hitting $198.91. The company had a trading volume of 366,426 shares, compared to its average volume of 691,100. iShares S&P 500 Value ETF has a 52-week low of $147.23 and a 52-week high of $198.98. The stock’s fifty day moving average price is $193.02 and its 200-day moving average price is $186.73. The company has a market capitalization of $35.63 billion, a PE ratio of 23.79 and a beta of 0.81.
iShares S&P 500 Value ETF Company 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.
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