iShares S&P 500 Value ETF $IVE is Condor Capital Management’s 8th Largest Position

Condor Capital Management reduced its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 149,231 shares of the company’s stock after selling 2,251 shares during the quarter. iShares S&P 500 Value ETF makes up 2.6% of Condor Capital Management’s investment portfolio, making the stock its 8th biggest holding. Condor Capital Management owned about 0.07% of iShares S&P 500 Value ETF worth $31,648,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in IVE. Decker Retirement Planning Inc. acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $26,000. United Services Automobile Association purchased a new position in iShares S&P 500 Value ETF in the second quarter valued at approximately $26,000. Palisade Asset Management LLC acquired a new stake in iShares S&P 500 Value ETF during the third quarter worth approximately $29,000. Ransom Advisory Ltd acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter worth approximately $31,000. Finally, Birchbrook Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth approximately $31,000.

iShares S&P 500 Value ETF Trading Up 0.8%

Shares of iShares S&P 500 Value ETF stock opened at $228.03 on Friday. The company has a fifty day simple moving average of $217.64 and a 200-day simple moving average of $215.78. iShares S&P 500 Value ETF has a 12-month low of $185.34 and a 12-month high of $228.50. The stock has a market cap of $50.35 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.