Chapin Davis Inc. Sells 2,233 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Chapin Davis Inc. decreased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 27.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,812 shares of the company’s stock after selling 2,233 shares during the quarter. Chapin Davis Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,086,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Vima LLC bought a new position in iShares S&P 500 Value ETF in the fourth quarter valued at about $27,000. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth approximately $29,000. First Pacific Financial bought a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $30,000. Sound Income Strategies LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $35,000. Finally, Wetzel Investment Advisors Inc. acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at approximately $35,000.

iShares S&P 500 Value ETF Stock Up 0.5 %

Shares of IVE stock opened at $182.89 on Monday. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $187.24. The firm has a fifty day moving average of $182.48 and a 200-day moving average of $179.37. The firm has a market capitalization of $32.76 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF Company 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.