WBH Advisory Inc. cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 8.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,033 shares of the company’s stock after selling 1,384 shares during the quarter. WBH Advisory Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,423,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Moneta Group Investment Advisors LLC increased its stake in iShares S&P 500 Value ETF by 106,784.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 135,983,973 shares of the company’s stock worth $19,727,195,000 after purchasing an additional 135,856,748 shares during the period. JPMorgan Chase & Co. increased its position in shares of iShares S&P 500 Value ETF by 7.1% during the fourth quarter. JPMorgan Chase & Co. now owns 21,534,059 shares of the company’s stock worth $3,123,946,000 after purchasing an additional 1,427,773 shares in the last quarter. Lido Advisors LLC increased its position in iShares S&P 500 Value ETF by 128.8% during the first quarter. Lido Advisors LLC now owns 1,178,301 shares of the company’s stock worth $183,485,000 after buying an additional 663,252 shares during the period. Truist Financial Corp boosted its stake in iShares S&P 500 Value ETF by 437.1% during the 4th quarter. Truist Financial Corp now owns 560,231 shares of the company’s stock worth $81,273,000 after purchasing an additional 455,915 shares during the period. Finally, Frank Rimerman Advisors LLC purchased a new position in shares of iShares S&P 500 Value ETF during the first quarter worth about $40,968,000.
iShares S&P 500 Value ETF Price Performance
Shares of IVE stock traded down $1.00 during mid-day trading on Tuesday, hitting $160.06. The stock had a trading volume of 69,798 shares, compared to its average volume of 684,033. The firm has a market cap of $25.31 billion, a PE ratio of 15.85 and a beta of 0.94. The company’s 50-day simple moving average is $162.74 and its 200-day simple moving average is $156.33. iShares S&P 500 Value ETF has a fifty-two week low of $127.33 and a fifty-two week high of $167.62.
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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