May Barnhard Investments LLC Trims Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

May Barnhard Investments LLC lessened its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 17.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,318 shares of the company’s stock after selling 2,435 shares during the period. May Barnhard Investments LLC’s holdings in iShares S&P 500 Value ETF were worth $2,157,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Raymond James Financial Inc. acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at about $311,273,000. Park Avenue Securities LLC increased its position in shares of iShares S&P 500 Value ETF by 53.1% during the first quarter. Park Avenue Securities LLC now owns 1,450,465 shares of the company’s stock valued at $276,430,000 after acquiring an additional 502,776 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares S&P 500 Value ETF by 3.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 13,435,769 shares of the company’s stock valued at $2,564,620,000 after acquiring an additional 493,784 shares during the period. GAMMA Investing LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 18,958.0% in the 1st quarter. GAMMA Investing LLC now owns 477,975 shares of the company’s stock worth $91,092,000 after acquiring an additional 475,467 shares during the last quarter. Finally, Lido Advisors LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 46.5% in the 4th quarter. Lido Advisors LLC now owns 1,414,358 shares of the company’s stock worth $269,973,000 after acquiring an additional 448,773 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $192.26 on Thursday. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $206.63. The company has a 50 day moving average price of $184.36 and a 200 day moving average price of $190.96. The stock has a market capitalization of $38.36 billion, a P/E ratio of 20.88 and a beta of 0.89.

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.