iShares S&P 500 Value ETF $IVE Stock Holdings Lessened by hemming& Wealth Management Inc.

hemming& Wealth Management Inc. reduced its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 38.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,000 shares of the company’s stock after selling 32,458 shares during the quarter. iShares S&P 500 Value ETF comprises about 7.8% of hemming& Wealth Management Inc.’s holdings, making the stock its 7th biggest holding. hemming& Wealth Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $11,191,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Horizon Wealth Management LLC lifted its stake in iShares S&P 500 Value ETF by 7.6% in the 1st quarter. Horizon Wealth Management LLC now owns 79,148 shares of the company’s stock worth $16,712,000 after purchasing an additional 5,599 shares in the last quarter. Financial Life Planners purchased a new position in shares of iShares S&P 500 Value ETF during the 1st quarter valued at $117,000. Partners Wealth Management LLC increased its holdings in shares of iShares S&P 500 Value ETF by 1.4% in the first quarter. Partners Wealth Management LLC now owns 11,898 shares of the company’s stock worth $2,512,000 after purchasing an additional 161 shares during the period. Wealth Care LLC bought a new position in shares of iShares S&P 500 Value ETF in the first quarter worth $503,000. Finally, Flagship Private Wealth LLC raised its position in shares of iShares S&P 500 Value ETF by 1.8% in the first quarter. Flagship Private Wealth LLC now owns 4,327 shares of the company’s stock worth $914,000 after buying an additional 77 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $227.78 on Thursday. The firm has a market capitalization of $47.81 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 52-week low of $193.90 and a 52-week high of $230.05. The stock has a fifty day moving average of $225.51 and a 200 day moving average of $219.27.

About iShares S&P 500 Value ETF

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.