Gunma Bank Ltd. Sells 14,000 Shares of iShares S&P 500 Value ETF $IVE

Gunma Bank Ltd. lowered its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 50.0% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 14,000 shares of the company’s stock after selling 14,000 shares during the period. iShares S&P 500 Value ETF makes up 0.9% of Gunma Bank Ltd.’s investment portfolio, making the stock its 28th biggest holding. Gunma Bank Ltd.’s holdings in iShares S&P 500 Value ETF were worth $2,891,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. REAP Financial Group LLC raised its holdings in iShares S&P 500 Value ETF by 9.7% in the 3rd quarter. REAP Financial Group LLC now owns 542 shares of the company’s stock valued at $112,000 after acquiring an additional 48 shares in the last quarter. Dumont & Blake Investment Advisors LLC lifted its position in iShares S&P 500 Value ETF by 0.5% in the third quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock worth $2,229,000 after purchasing an additional 49 shares during the period. Signal Advisors Wealth LLC boosted its stake in iShares S&P 500 Value ETF by 0.6% during the third quarter. Signal Advisors Wealth LLC now owns 9,010 shares of the company’s stock worth $1,861,000 after buying an additional 51 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its holdings in iShares S&P 500 Value ETF by 2.2% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,749 shares of the company’s stock valued at $537,000 after buying an additional 59 shares during the period. Finally, CPC Advisors LLC raised its stake in shares of iShares S&P 500 Value ETF by 4.9% in the 3rd quarter. CPC Advisors LLC now owns 1,255 shares of the company’s stock valued at $259,000 after buying an additional 59 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of iShares S&P 500 Value ETF stock opened at $222.07 on Monday. The firm has a market cap of $50.17 billion, a P/E ratio of 20.70 and a beta of 0.89. The firm’s 50-day simple moving average is $214.92 and its 200-day simple moving average is $208.36. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $222.31.

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.