Baird Financial Group Inc. Sells 10,570 Shares of iShares S&P 500 Value ETF $IVE

Baird Financial Group Inc. lowered its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.5% in the 2nd quarter, Holdings Channel.com reports. The fund owned 288,124 shares of the company’s stock after selling 10,570 shares during the period. Baird Financial Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $56,305,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of IVE. First Trust Advisors LP grew its stake in shares of iShares S&P 500 Value ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock worth $5,184,000 after purchasing an additional 731 shares during the last quarter. Trek Financial LLC lifted its holdings in iShares S&P 500 Value ETF by 13.2% during the 2nd quarter. Trek Financial LLC now owns 79,226 shares of the company’s stock worth $15,482,000 after buying an additional 9,240 shares during the period. CW Advisors LLC lifted its holdings in iShares S&P 500 Value ETF by 12.3% during the 2nd quarter. CW Advisors LLC now owns 6,222 shares of the company’s stock worth $1,216,000 after buying an additional 680 shares during the period. Elios Financial Group Inc. grew its position in shares of iShares S&P 500 Value ETF by 27.6% in the 2nd quarter. Elios Financial Group Inc. now owns 8,008 shares of the company’s stock valued at $1,565,000 after buying an additional 1,730 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF by 35.0% in the second quarter. Twin Peaks Wealth Advisors LLC now owns 28,925 shares of the company’s stock valued at $5,797,000 after buying an additional 7,506 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $212.17 on Friday. The business has a 50-day moving average of $208.25 and a 200-day moving average of $201.13. The company has a market capitalization of $43.27 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $212.76.

About iShares S&P 500 Value ETF

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.