Sonata Capital Group Inc. Sells 3,463 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Posted by Tyrone Williams on Nov 8th, 2024

Sonata Capital Group Inc. lessened its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 25.5% during the 3rd quarter, Holdings Channel reports. The firm owned 10,131 shares of the company’s stock after selling 3,463 shares during the period. iShares S&P 500 Value ETF makes up approximately 0.8% of Sonata Capital Group Inc.’s portfolio, making the stock its 29th biggest position. Sonata Capital Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,998,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of IVE. PFG Advisors boosted its stake in iShares S&P 500 Value ETF by 512.6% in the first quarter. PFG Advisors now owns 8,852 shares of the company’s stock valued at $1,654,000 after acquiring an additional 7,407 shares during the last quarter. Oppenheimer & Co. Inc. boosted its position in shares of iShares S&P 500 Value ETF by 1.7% in the 1st quarter. Oppenheimer & Co. Inc. now owns 10,051 shares of the company’s stock worth $1,878,000 after purchasing an additional 171 shares during the last quarter. EQ LLC bought a new position in shares of iShares S&P 500 Value ETF in the 1st quarter worth $5,954,000. Shared Vision Wealth Group LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth $2,727,000. Finally, Hyman Charles D bought a new stake in iShares S&P 500 Value ETF in the first quarter valued at about $215,000.

iShares S&P 500 Value ETF Stock Performance

IVE traded up $1.34 during midday trading on Friday, reaching $201.94. 121,024 shares of the company were exchanged, compared to its average volume of 673,780. The stock has a market capitalization of $36.18 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a one year low of $155.79 and a one year high of $202.04. The stock’s 50-day simple moving average is $196.26 and its 200 day simple moving average is $188.73.

iShares S&P 500 Value ETF Company Profile

(Free Report)

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.