iShares S&P 500 Value ETF (NYSEARCA:IVE) is Praetorian Wealth Management Inc.’s 2nd Largest Position

Praetorian Wealth Management Inc. lifted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 338,495 shares of the company’s stock after purchasing an additional 5,514 shares during the quarter. iShares S&P 500 Value ETF accounts for about 15.7% of Praetorian Wealth Management Inc.’s investment portfolio, making the stock its 2nd biggest holding. Praetorian Wealth Management Inc. owned 0.19% of iShares S&P 500 Value ETF worth $64,612,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of IVE. Baker Tilly Wealth Management LLC purchased a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at $290,000. Watts Gwilliam & Co. LLC increased its position in iShares S&P 500 Value ETF by 12.1% during the fourth quarter. Watts Gwilliam & Co. LLC now owns 92,706 shares of the company’s stock valued at $17,708,000 after acquiring an additional 10,039 shares during the last quarter. Fulton Bank N.A. increased its position in iShares S&P 500 Value ETF by 88.4% during the fourth quarter. Fulton Bank N.A. now owns 2,069 shares of the company’s stock valued at $395,000 after acquiring an additional 971 shares during the last quarter. One Wealth Capital Management LLC purchased a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at $2,907,000. Finally, Ridgeline Wealth LLC purchased a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at $382,000.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock traded down $2.77 during mid-day trading on Friday, reaching $188.38. 489,313 shares of the stock traded hands, compared to its average volume of 1,032,338. The stock has a market capitalization of $33.75 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12-month low of $170.13 and a 12-month high of $206.63. The business’s 50-day moving average is $197.76 and its 200-day moving average is $193.60.

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.