iShares S&P 500 Value ETF $IVE Shares Sold by Hilltop Holdings Inc.

Hilltop Holdings Inc. reduced its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 24.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,951 shares of the company’s stock after selling 2,631 shares during the quarter. Hilltop Holdings Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,679,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of IVE. Simplex Trading LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $25,000. Hilton Head Capital Partners LLC purchased a new position in iShares S&P 500 Value ETF in the 4th quarter valued at $25,000. Decker Retirement Planning Inc. acquired a new position in iShares S&P 500 Value ETF in the 4th quarter valued at $26,000. United Services Automobile Association acquired a new position in iShares S&P 500 Value ETF in the 2nd quarter valued at $26,000. Finally, RMG Wealth Management LLC acquired a new position in iShares S&P 500 Value ETF in the 1st quarter valued at $27,000.

iShares S&P 500 Value ETF Stock Performance

Shares of iShares S&P 500 Value ETF stock opened at $231.36 on Friday. iShares S&P 500 Value ETF has a one year low of $193.90 and a one year high of $233.57. The company has a market cap of $48.92 billion, a P/E ratio of 20.70 and a beta of 0.82. The firm has a fifty day moving average of $228.16 and a two-hundred day moving average of $221.32.

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.