Praetorian Wealth Management Inc. Has $64.61 Million Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Praetorian Wealth Management Inc. raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 338,495 shares of the company’s stock after purchasing an additional 5,514 shares during the period. iShares S&P 500 Value ETF accounts for 15.7% of Praetorian Wealth Management Inc.’s holdings, making the stock its 2nd biggest position. Praetorian Wealth Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $64,612,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Northwest Investment Counselors LLC bought a new position in shares of iShares S&P 500 Value ETF in the third quarter worth about $31,000. Valued Wealth Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF in the third quarter worth about $35,000. Copley Financial Group Inc. bought a new position in shares of iShares S&P 500 Value ETF in the third quarter worth about $36,000. Hobbs Group Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF in the third quarter worth about $40,000. Finally, Colony Family Offices LLC boosted its stake in shares of iShares S&P 500 Value ETF by 77.3% in the third quarter. Colony Family Offices LLC now owns 273 shares of the company’s stock worth $54,000 after acquiring an additional 119 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE traded down $2.77 during mid-day trading on Friday, reaching $188.38. The company’s stock had a trading volume of 489,313 shares, compared to its average volume of 1,032,338. The firm has a market capitalization of $33.75 billion, a PE ratio of 23.79 and a beta of 0.81. The stock has a fifty day moving average of $197.76 and a two-hundred day moving average of $193.60. iShares S&P 500 Value ETF has a 52 week low of $170.13 and a 52 week high of $206.63.

About iShares S&P 500 Value ETF

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.