Raymond James & Associates Sells 1,048 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Raymond James & Associates cut its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 780,598 shares of the company’s stock after selling 1,048 shares during the period. Raymond James & Associates’ holdings in iShares S&P 500 Value ETF were worth $145,823,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Claro Advisors LLC increased its position in iShares S&P 500 Value ETF by 2.0% during the first quarter. Claro Advisors LLC now owns 3,033 shares of the company’s stock valued at $567,000 after acquiring an additional 60 shares during the last quarter. Ellis Investment Partners LLC grew its holdings in iShares S&P 500 Value ETF by 0.4% during the 4th quarter. Ellis Investment Partners LLC now owns 15,815 shares of the company’s stock valued at $2,750,000 after purchasing an additional 63 shares during the last quarter. Beacon Bridge Wealth Partners LLC grew its holdings in iShares S&P 500 Value ETF by 4.7% during the 4th quarter. Beacon Bridge Wealth Partners LLC now owns 1,404 shares of the company’s stock valued at $244,000 after purchasing an additional 63 shares during the last quarter. Cadinha & Co. LLC raised its position in iShares S&P 500 Value ETF by 1.0% in the 3rd quarter. Cadinha & Co. LLC now owns 6,360 shares of the company’s stock worth $978,000 after purchasing an additional 66 shares during the period. Finally, Trifecta Capital Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 2.0% in the fourth 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.

iShares S&P 500 Value ETF Price Performance

Shares of IVE traded up $0.76 during mid-day trading on Monday, reaching $180.91. 556,322 shares of the company’s stock traded hands, compared to its average volume of 956,113. The stock’s 50-day moving average is $181.46 and its two-hundred day moving average is $172.09. iShares S&P 500 Value ETF has a 12 month low of $147.23 and a 12 month high of $187.24. The stock has a market cap of $32.41 billion, a P/E ratio of 23.38 and a beta of 0.84.

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.