Insight Advisors LLC PA Trims Stake in iShares S&P 500 Value ETF $IVE

Insight Advisors LLC PA lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 69.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,101 shares of the company’s stock after selling 7,047 shares during the period. Insight Advisors LLC PA’s holdings in iShares S&P 500 Value ETF were worth $655,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Glenview Trust Co boosted its position in shares of iShares S&P 500 Value ETF by 19.2% during the first quarter. Glenview Trust Co now owns 9,516 shares of the company’s stock valued at $2,009,000 after purchasing an additional 1,532 shares in the last quarter. Cassaday & Co Wealth Management LLC raised its holdings in iShares S&P 500 Value ETF by 3.8% in the first quarter. Cassaday & Co Wealth Management LLC now owns 1,197,963 shares of the company’s stock worth $252,950,000 after purchasing an additional 44,187 shares in the last quarter. Rice Partnership LLC lifted its position in iShares S&P 500 Value ETF by 17.3% during the first quarter. Rice Partnership LLC now owns 440 shares of the company’s stock valued at $93,000 after buying an additional 65 shares during the period. AlTi Global Inc. lifted its position in iShares S&P 500 Value ETF by 3.2% during the first quarter. AlTi Global Inc. now owns 11,816 shares of the company’s stock valued at $2,495,000 after buying an additional 363 shares during the period. Finally, Earned Wealth Advisors LLC purchased a new position in iShares S&P 500 Value ETF during the first quarter valued at $211,000.

iShares S&P 500 Value ETF Trading Up 0.4%

Shares of IVE stock opened at $230.56 on Wednesday. The company’s fifty day moving average price is $227.79 and its 200-day moving average price is $221.00. The stock has a market cap of $48.75 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 $233.57.

iShares S&P 500 Value ETF 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.