Rockwood Wealth Management LLC Sells 340 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Rockwood Wealth Management LLC lowered its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 20.1% during the 1st quarter, HoldingsChannel.com reports. The fund owned 1,352 shares of the company’s stock after selling 340 shares during the quarter. Rockwood Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $258,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of IVE. Charter Oak Capital Management LLC boosted its stake in iShares S&P 500 Value ETF by 8.8% in the 1st quarter. Charter Oak Capital Management LLC now owns 27,744 shares of the company’s stock worth $5,287,000 after purchasing an additional 2,248 shares in the last quarter. FFG Retirement Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 8.0% during the 1st quarter. FFG Retirement Advisors LLC now owns 14,855 shares of the company’s stock valued at $2,831,000 after acquiring an additional 1,095 shares during the period. LexAurum Advisors LLC increased its position in shares of iShares S&P 500 Value ETF by 27.5% during the 1st quarter. LexAurum Advisors LLC now owns 4,902 shares of the company’s stock valued at $934,000 after purchasing an additional 1,056 shares during the last quarter. ONE Advisory Partners LLC increased its position in shares of iShares S&P 500 Value ETF by 57.4% during the 1st quarter. ONE Advisory Partners LLC now owns 57,962 shares of the company’s stock valued at $11,046,000 after purchasing an additional 21,126 shares during the last quarter. Finally, Gemmer Asset Management LLC increased its position in shares of iShares S&P 500 Value ETF by 7.6% during the 1st quarter. Gemmer Asset Management LLC now owns 11,093 shares of the company’s stock valued at $2,114,000 after purchasing an additional 787 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

IVE opened at $191.34 on Friday. The company has a 50 day simple moving average of $183.77 and a two-hundred day simple moving average of $191.10. The firm has a market cap of $38.17 billion, a P/E ratio of 20.88 and a beta of 0.89. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $206.63.

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.