iShares S&P 500 Value ETF $IVE Shares Sold by Capstone Wealth Management Group LLC

Capstone Wealth Management Group LLC reduced its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 87.6% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 3,290 shares of the company’s stock after selling 23,159 shares during the quarter. Capstone Wealth Management Group LLC’s holdings in iShares S&P 500 Value ETF were worth $751,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. The Manufacturers Life Insurance Company bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $92,702,000. Bank of America Corp DE boosted its position in shares of iShares S&P 500 Value ETF by 2.0% during the 1st quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock worth $1,997,009,000 after acquiring an additional 182,358 shares in the last quarter. Kestra Advisory Services LLC increased its stake in iShares S&P 500 Value ETF by 43.7% in the third quarter. Kestra Advisory Services LLC now owns 540,689 shares of the company’s stock valued at $123,428,000 after acquiring an additional 164,404 shares during the last quarter. Gallagher Capital Advisors LLC increased its stake in iShares S&P 500 Value ETF by 3,223.2% in the first quarter. Gallagher Capital Advisors LLC now owns 158,615 shares of the company’s stock valued at $33,492,000 after acquiring an additional 153,842 shares during the last quarter. Finally, Lido Advisors LLC increased its stake in iShares S&P 500 Value ETF by 5.8% in the third quarter. Lido Advisors LLC now owns 2,252,447 shares of the company’s stock valued at $514,190,000 after acquiring an additional 122,809 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $242.73 on Thursday. iShares S&P 500 Value ETF has a one year low of $203.15 and a one year high of $244.72. The company has a market cap of $51.73 billion, a P/E ratio of 22.47 and a beta of 0.82. The firm has a 50 day simple moving average of $235.14 and a two-hundred day simple moving average of $227.05.

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.