HB Wealth Management LLC Sells 3,649 Shares of iShares S&P 500 Value ETF $IVE

HB Wealth Management LLC decreased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 45,806 shares of the company’s stock after selling 3,649 shares during the quarter. HB Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $9,672,000 at the end of the most recent quarter.

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

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $230.20 on Friday. The firm’s fifty day moving average price is $225.92 and its two-hundred day moving average price is $219.46. The stock has a market cap of $48.54 billion, a PE ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a fifty-two week low of $193.90 and a fifty-two week high of $230.26.

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.