iShares S&P 500 Value ETF $IVE is Detalus Advisors LLC’s 5th Largest Position

Detalus Advisors LLC trimmed its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.9% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 104,257 shares of the company’s stock after selling 10,218 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 5.0% of Detalus Advisors LLC’s holdings, making the stock its 5th largest position. Detalus Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $22,014,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Simplex Trading LLC bought a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $25,000. Decker Retirement Planning Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $26,000. United Services Automobile Association bought a new stake in shares of iShares S&P 500 Value ETF during the second quarter valued at approximately $26,000. Finally, Palisade Asset Management LLC purchased a new stake in iShares S&P 500 Value ETF in the third quarter worth $29,000.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $226.52 on Monday. The stock has a fifty day simple moving average of $225.08 and a two-hundred day simple moving average of $218.96. The company has a market cap of $50.02 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 12-month low of $193.55 and a 12-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.