BIP Wealth LLC Trims Stock Holdings in iShares S&P 500 Value ETF $IVE

BIP Wealth LLC reduced its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 36.1% in the first quarter, according to its most recent filing with the SEC. The fund owned 4,997 shares of the company’s stock after selling 2,819 shares during the period. BIP Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $1,055,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Simplex Trading LLC bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth $25,000. Hilton Head Capital Partners LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at $25,000. Decker Retirement Planning Inc. bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $26,000. United Services Automobile Association bought a new position in shares of iShares S&P 500 Value ETF in the second quarter worth about $26,000. Finally, Palisade Asset Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the third quarter worth about $29,000.

iShares S&P 500 Value ETF Price Performance

IVE stock opened at $230.20 on Friday. The company has a market capitalization of $48.54 billion, a PE ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 12 month low of $193.90 and a 12 month high of $230.26. The firm’s 50-day moving average is $225.92 and its 200 day moving average is $219.46.

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.