SteelPeak Wealth LLC Sells 11,505 Shares of iShares S&P 500 Value ETF $IVE

SteelPeak Wealth LLC reduced its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 120,154 shares of the company’s stock after selling 11,505 shares during the period. SteelPeak Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $27,429,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of IVE. RMG Wealth Management LLC bought a new position in iShares S&P 500 Value ETF in the first quarter valued at approximately $27,000. Sankala Group LLC bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth $35,000. Indiana Trust & Investment Management Co increased its position in shares of iShares S&P 500 Value ETF by 107.6% during the first quarter. Indiana Trust & Investment Management Co now owns 191 shares of the company’s stock worth $40,000 after acquiring an additional 99 shares in the last quarter. First Bancorp Inc ME bought a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth $45,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth $55,000.

iShares S&P 500 Value ETF Stock Down 0.1%

Shares of NYSEARCA:IVE opened at $235.46 on Friday. iShares S&P 500 Value ETF has a 12 month low of $203.15 and a 12 month high of $239.93. The company’s fifty day simple moving average is $234.41 and its 200 day simple moving average is $228.61. The firm has a market cap of $49.82 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83.

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.