D.A. Davidson & CO. Sells 575 Shares of iShares S&P 500 Value ETF $IVE

D.A. Davidson & CO. decreased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,803 shares of the company’s stock after selling 575 shares during the period. D.A. Davidson & CO.’s holdings in iShares S&P 500 Value ETF were worth $3,284,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Cloud Capital Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the first quarter valued at approximately $27,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the first quarter valued at approximately $29,000. Harbor Asset Planning Inc. bought a new position in shares of iShares S&P 500 Value ETF in the second quarter valued at approximately $30,000. Nemes Rush Group LLC raised its stake in shares of iShares S&P 500 Value ETF by 625.0% in the first quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock valued at $33,000 after acquiring an additional 150 shares during the last quarter. Finally, Flaharty Asset Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the first quarter valued at approximately $33,000.

iShares S&P 500 Value ETF Trading Up 0.5%

NYSEARCA:IVE opened at $209.86 on Friday. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $210.37. The firm has a 50 day moving average of $204.84 and a 200-day moving average of $195.58. The stock has a market capitalization of $42.59 billion, a P/E ratio of 20.70 and a beta of 0.94.

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.