iShares S&P 500 Value ETF $IVE is Pandora Wealth Inc.’s 7th Largest Position

Pandora Wealth Inc. reduced its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.7% in the second quarter, HoldingsChannel.com reports. The firm owned 32,106 shares of the company’s stock after selling 228 shares during the period. iShares S&P 500 Value ETF comprises 3.9% of Pandora Wealth Inc.’s investment portfolio, making the stock its 7th largest position. Pandora Wealth Inc.’s holdings in iShares S&P 500 Value ETF were worth $6,274,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Cloud Capital Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth about $27,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth about $29,000. Nemes Rush Group LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 625.0% during the first quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares during the period. Flaharty Asset Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth about $33,000. Finally, IMG Wealth Management Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth about $34,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $202.52 on Monday. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $209.12. The company has a 50-day simple moving average of $203.21 and a two-hundred day simple moving average of $194.01. The firm has a market capitalization of $40.93 billion, a PE ratio of 20.70 and a beta of 0.94.

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.