Modera Wealth Management LLC decreased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 3.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 72,597 shares of the company’s stock after selling 2,492 shares during the period. Modera Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $15,329,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the stock. Simplex Trading LLC bought a new position in iShares S&P 500 Value ETF in the fourth quarter valued at $25,000. Hilton Head Capital Partners LLC bought a new stake in iShares S&P 500 Value ETF during the fourth quarter worth about $25,000. Decker Retirement Planning Inc. bought a new stake in iShares S&P 500 Value ETF during the fourth quarter worth about $26,000. United Services Automobile Association purchased a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter worth about $26,000. Finally, Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth about $29,000.
iShares S&P 500 Value ETF Trading Down 0.5%
Shares of iShares S&P 500 Value ETF stock opened at $231.15 on Friday. The firm has a market capitalization of $48.88 billion, a PE ratio of 20.70 and a beta of 0.82. The business’s 50-day moving average price is $227.57 and its 200-day moving average price is $220.70. iShares S&P 500 Value ETF has a 12 month low of $193.90 and a 12 month high of $233.58.
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.
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