Catalina Capital Group LLC Sells 374 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Catalina Capital Group LLC lowered its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,508 shares of the company’s stock after selling 374 shares during the period. Catalina Capital Group LLC’s holdings in iShares S&P 500 Value ETF were worth $692,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in IVE. CarsonAllaria Wealth Management Ltd. lifted its stake in shares of 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 valued at $28,000 after purchasing an additional 110 shares during the period. Northwest Investment Counselors LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth $31,000. Valued Wealth Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF during the third quarter valued at $35,000. Addison Advisors LLC raised its position in shares of iShares S&P 500 Value ETF by 50.0% in the 2nd quarter. Addison Advisors LLC now owns 279 shares of the company’s stock worth $51,000 after purchasing an additional 93 shares during the last quarter. Finally, TruNorth Capital Management LLC bought a new position in iShares S&P 500 Value ETF in the 2nd quarter worth about $65,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $196.37 on Wednesday. The firm has a 50-day simple moving average of $196.11 and a two-hundred day simple moving average of $188.64. The firm has a market cap of $35.18 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a fifty-two week low of $155.79 and a fifty-two week high of $201.08.

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.