Founders Grove Wealth Partners LLC reduced its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 6.6% during the second quarter, Holdings Channel reports. The firm owned 26,331 shares of the company’s stock after selling 1,867 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 1.3% of Founders Grove Wealth Partners LLC’s portfolio, making the stock its 24th biggest position. Founders Grove Wealth Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $5,146,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of IVE. Cloud Capital Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter worth approximately $27,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in iShares S&P 500 Value ETF in the first quarter worth $29,000. Nemes Rush Group LLC boosted its holdings in 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 worth $33,000 after acquiring an additional 150 shares in the last quarter. Flaharty Asset Management LLC bought a new stake in iShares S&P 500 Value ETF in the first quarter worth $33,000. Finally, IMG Wealth Management Inc. bought a new stake in iShares S&P 500 Value ETF in the first quarter worth $34,000.
iShares S&P 500 Value ETF Price Performance
Shares of iShares S&P 500 Value ETF stock opened at $204.31 on Tuesday. The stock has a market cap of $41.29 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94. The firm’s 50-day moving average is $203.37 and its 200 day moving average is $194.12. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $209.12.
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.
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Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report).
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