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

HB Wealth Management LLC lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. Simplex Trading LLC acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC bought a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $25,000. Decker Retirement Planning Inc. acquired a new position in iShares S&P 500 Value ETF in the 4th quarter valued at approximately $26,000. United Services Automobile Association acquired a new position in iShares S&P 500 Value ETF in the 2nd 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 $29,000.

iShares S&P 500 Value ETF Stock Performance

IVE stock opened at $230.20 on Friday. The company has a market capitalization of $48.54 billion, a P/E ratio of 20.70 and a beta of 0.82. The company has a fifty day moving average price of $225.92 and a 200-day moving average price of $219.46. iShares S&P 500 Value ETF has a 52-week low of $193.90 and a 52-week high of $230.26.

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. 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.