Ritholtz Wealth Management Lowers Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Ritholtz Wealth Management decreased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,951 shares of the company’s stock after selling 165 shares during the period. Ritholtz Wealth Management’s holdings in iShares S&P 500 Value ETF were worth $563,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of IVE. Edgestream Partners L.P. acquired a new stake in iShares S&P 500 Value ETF in the second quarter worth about $456,000. Vanguard Personalized Indexing Management LLC increased its holdings in shares of iShares S&P 500 Value ETF by 41.1% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 7,462 shares of the company’s stock valued at $1,351,000 after acquiring an additional 2,174 shares in the last quarter. Hsbc Holdings PLC boosted its stake in iShares S&P 500 Value ETF by 50.3% in the 2nd quarter. Hsbc Holdings PLC now owns 5,605 shares of the company’s stock worth $1,020,000 after purchasing an additional 1,875 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in iShares S&P 500 Value ETF by 23.1% in the 2nd quarter. Thrivent Financial for Lutherans now owns 193,364 shares of the company’s stock worth $35,194,000 after purchasing an additional 36,262 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in iShares S&P 500 Value ETF by 92.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,483 shares of the company’s stock worth $855,000 after purchasing an additional 2,155 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.7 %

NYSEARCA IVE opened at $194.09 on Tuesday. iShares S&P 500 Value ETF has a 12-month low of $170.13 and a 12-month high of $206.63. The company has a fifty day simple moving average of $196.93 and a two-hundred day simple moving average of $194.15. The stock has a market cap of $34.77 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.