CX Institutional Sells 8,131 Shares of iShares S&P 500 Value ETF $IVE

CX Institutional decreased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.9% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 200,775 shares of the company’s stock after selling 8,131 shares during the quarter. iShares S&P 500 Value ETF makes up 1.3% of CX Institutional’s holdings, making the stock its 15th largest holding. CX Institutional owned 0.10% of iShares S&P 500 Value ETF worth $45,588,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of IVE. Simplex Trading LLC bought a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at about $25,000. Hilton Head Capital Partners LLC bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $25,000. Decker Retirement Planning Inc. bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $26,000. United Services Automobile Association purchased a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth about $26,000. Finally, RMG Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth about $27,000.

iShares S&P 500 Value ETF Trading Up 0.6%

Shares of IVE opened at $233.09 on Tuesday. The business’s 50 day moving average is $228.93 and its 200 day moving average is $222.05. iShares S&P 500 Value ETF has a 12-month low of $195.25 and a 12-month high of $234.91. The company has a market capitalization of $49.26 billion, a PE ratio of 20.70 and a beta of 0.82.

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.