Brookstone Capital Management decreased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 2.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 139,963 shares of the company’s stock after selling 3,309 shares during the period. Brookstone Capital Management’s holdings in iShares S&P 500 Value ETF were worth $29,553,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of IVE. Simplex Trading LLC acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $25,000. 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 bought a new position in shares of iShares S&P 500 Value ETF during the second quarter valued at approximately $26,000. Finally, Palisade Asset Management LLC bought a new position in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $29,000.
iShares S&P 500 Value ETF Stock Performance
Shares of iShares S&P 500 Value ETF stock opened at $226.38 on Monday. The business’s 50 day simple moving average is $224.14 and its 200-day simple moving average is $218.45. The stock has a market capitalization of $49.98 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a twelve month low of $189.67 and a twelve month high of $230.05.
iShares S&P 500 Value ETF Company 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. 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.
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