UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 52.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,259 shares of the company’s stock after selling 17,899 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in iShares S&P 500 Value ETF were worth $3,692,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in IVE. Simplex Trading LLC acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at $25,000. RMG Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth $27,000. Hilton Head Capital Partners LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at $25,000. United Services Automobile Association acquired a new stake in iShares S&P 500 Value ETF in the 2nd quarter valued at about $26,000. Finally, Palisade Asset Management LLC acquired a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at about $29,000.
iShares S&P 500 Value ETF Trading Down 0.6%
Shares of NYSEARCA IVE opened at $234.00 on Thursday. iShares S&P 500 Value ETF has a 1-year low of $201.22 and a 1-year high of $239.93. The company has a 50-day moving average of $234.07 and a two-hundred day moving average of $225.47. The company has a market cap of $49.46 billion, a PE ratio of 20.70 and a beta of 0.82.
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. 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.
Recommended Stories
- Five stocks we like better than iShares S&P 500 Value ETF
- Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
- GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus
- Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer
- Sovereign AI: Palantir and Nebius Cut the Cloud Cord
Receive News & Ratings for iShares S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
