Chesapeake Wealth Management Sells 55 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Chesapeake Wealth Management trimmed its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.0% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 1,332 shares of the company’s stock after selling 55 shares during the quarter. Chesapeake Wealth Management’s holdings in iShares S&P 500 Value ETF were worth $242,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Palisade Asset Management LLC bought a new position in shares of iShares S&P 500 Value ETF during the first quarter valued at about $26,000. CarsonAllaria Wealth Management Ltd. increased its stake in iShares S&P 500 Value ETF by 289.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares during the period. Vima LLC bought a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $27,000. Northwest Investment Counselors LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the first quarter valued at approximately $29,000. Finally, Fortis Group Advisors LLC grew its holdings in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock worth $35,000 after purchasing an additional 100 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 0.2 %

Shares of IVE opened at $196.26 on Friday. The stock has a market capitalization of $35.16 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a twelve month low of $147.23 and a twelve month high of $197.39. The firm has a fifty day simple moving average of $190.63 and a two-hundred day simple moving average of $185.27.

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.