Founders Capital Management Lowers Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Founders Capital Management trimmed its stake in iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 7.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,172 shares of the company’s stock after selling 95 shares during the period. Founders Capital Management’s holdings in iShares S&P 500 Value ETF were worth $219,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. QRG Capital Management Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter worth approximately $210,000. Rathbones Group PLC purchased a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter worth approximately $1,188,000. Regal Investment Advisors LLC lifted its position in shares of iShares S&P 500 Value ETF by 1.3% in the 3rd quarter. Regal Investment Advisors LLC now owns 6,453 shares of the company’s stock worth $993,000 after purchasing an additional 83 shares during the period. LPL Financial LLC lifted its position in iShares S&P 500 Value ETF by 1.3% during the third quarter. LPL Financial LLC now owns 1,940,992 shares of the company’s stock valued at $298,602,000 after acquiring an additional 23,973 shares during the last quarter. Finally, Mariner LLC lifted its position in iShares S&P 500 Value ETF by 1.6% during the third quarter. Mariner LLC now owns 1,092,632 shares of the company’s stock valued at $168,091,000 after acquiring an additional 16,831 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE traded up $0.69 during midday trading on Thursday, reaching $182.67. 422,727 shares of the stock traded hands, compared to its average volume of 812,940. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $187.24. The business has a 50-day moving average of $181.87 and a two-hundred day moving average of $178.57. The stock has a market capitalization of $32.73 billion, a PE ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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