PGIM Custom Harvest LLC Decreases Stake in iShares S&P 500 Value ETF $IVE

PGIM Custom Harvest LLC cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.9% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 14,445 shares of the company’s stock after selling 132 shares during the quarter. PGIM Custom Harvest LLC’s holdings in iShares S&P 500 Value ETF were worth $2,753,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Pinney & Scofield Inc. acquired a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at $26,000. Cloud Capital Management LLC acquired a new stake in iShares S&P 500 Value ETF in the 1st quarter valued at $27,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in iShares S&P 500 Value ETF in the 1st quarter valued at $29,000. Nemes Rush Group LLC boosted its stake in iShares S&P 500 Value ETF by 625.0% during the 1st quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares during the last quarter. Finally, IMG Wealth Management Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth $34,000.

iShares S&P 500 Value ETF Stock Down 0.1%

iShares S&P 500 Value ETF stock opened at $201.67 on Thursday. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $206.63. The firm has a market capitalization of $40.49 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94. The company has a fifty day simple moving average of $196.86 and a 200-day simple moving average of $191.26.

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.