Redwood Investment Management LLC lowered its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 4.4% during the 3rd quarter, Holdings Channel reports. The firm owned 7,218 shares of the company’s stock after selling 333 shares during the period. Redwood Investment Management LLC’s holdings in iShares S&P 500 Value ETF were worth $1,423,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at $31,000. Valued Wealth Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at $35,000. Addison Advisors LLC raised its stake in shares of iShares S&P 500 Value ETF by 50.0% in the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after buying an additional 93 shares during the period. Colony Family Offices LLC raised its stake in shares of iShares S&P 500 Value ETF by 77.3% in the third quarter. Colony Family Offices LLC now owns 273 shares of the company’s stock valued at $54,000 after buying an additional 119 shares during the period. Finally, TruNorth Capital Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the second quarter valued at $65,000.
iShares S&P 500 Value ETF Price Performance
Shares of IVE opened at $202.49 on Friday. The firm has a market cap of $36.28 billion, a PE ratio of 23.79 and a beta of 0.81. The stock’s fifty day moving average price is $199.55 and its two-hundred day moving average price is $191.68. iShares S&P 500 Value ETF has a 1 year low of $165.15 and a 1 year high of $206.63.
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.
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Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report).
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