FFG Retirement Advisors LLC Lowers Holdings in iShares S&P 500 Value ETF $IVE

FFG Retirement Advisors LLC cut its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 21.8% in the second quarter, HoldingsChannel.com reports. The fund owned 28,331 shares of the company’s stock after selling 7,902 shares during the period. iShares S&P 500 Value ETF accounts for 3.4% of FFG Retirement Advisors LLC’s holdings, making the stock its 9th biggest position. FFG Retirement Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $6,433,000 at the end of the most recent reporting period.

Several other hedge funds 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 during the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC bought a new stake in iShares S&P 500 Value ETF in the 4th quarter worth approximately $25,000. Decker Retirement Planning Inc. bought a new stake in iShares S&P 500 Value ETF in the 4th quarter worth approximately $26,000. United Services Automobile Association purchased a new stake in iShares S&P 500 Value ETF during the 2nd quarter valued at $26,000. Finally, RMG Wealth Management LLC purchased a new stake in iShares S&P 500 Value ETF during the 1st quarter valued at $27,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $236.33 on Tuesday. The stock has a market capitalization of $49.95 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 1-year low of $198.04 and a 1-year high of $236.39. The business’s fifty day moving average price is $229.71 and its 200-day moving average price is $222.72.

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.