Insight Advisors LLC PA Sells 7,047 Shares of iShares S&P 500 Value ETF $IVE

Insight Advisors LLC PA cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 69.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,101 shares of the company’s stock after selling 7,047 shares during the quarter. Insight Advisors LLC PA’s holdings in iShares S&P 500 Value ETF were worth $655,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC raised its position in iShares S&P 500 Value ETF by 0.8% in the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after purchasing an additional 112 shares during the period. Great Lakes Advisors LLC boosted its position in iShares S&P 500 Value ETF by 6,385.7% during the first quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock valued at $83,000 after buying an additional 447 shares during the period. Schnieders Capital Management LLC. purchased a new stake in iShares S&P 500 Value ETF during the second quarter valued at about $550,000. Russell Investments Group Ltd. grew its stake in shares of iShares S&P 500 Value ETF by 28.8% during the second quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock valued at $416,000 after buying an additional 477 shares during the last quarter. Finally, First Trust Advisors LP grew its stake in shares of iShares S&P 500 Value ETF by 2.8% during the second quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock valued at $5,184,000 after buying an additional 731 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.4%

IVE opened at $230.56 on Wednesday. The company has a market cap of $48.75 billion, a P/E ratio of 20.70 and a beta of 0.82. The business’s 50-day moving average price is $227.79 and its 200-day moving average price is $221.00. iShares S&P 500 Value ETF has a 12 month low of $193.90 and a 12 month high of $233.57.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.