iShares S&P 500 Value ETF (NYSEARCA:IVE) Stock Position Decreased by Narwhal Capital Management

Narwhal Capital Management decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 89,784 shares of the company’s stock after selling 617 shares during the quarter. iShares S&P 500 Value ETF comprises 1.5% of Narwhal Capital Management’s investment portfolio, making the stock its 16th largest holding. Narwhal Capital Management’s holdings in iShares S&P 500 Value ETF were worth $17,138,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Hsbc Holdings PLC raised its holdings in iShares S&P 500 Value ETF by 50.3% during the second quarter. Hsbc Holdings PLC now owns 5,605 shares of the company’s stock valued at $1,020,000 after buying an additional 1,875 shares in the last quarter. Ascent Group LLC increased its holdings in shares of iShares S&P 500 Value ETF by 28.4% during the 2nd quarter. Ascent Group LLC now owns 37,586 shares of the company’s stock valued at $6,841,000 after acquiring an additional 8,308 shares during the last quarter. Silver Lake Advisory LLC bought a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at approximately $2,106,000. NewEdge Advisors LLC lifted its holdings in iShares S&P 500 Value ETF by 21.8% in the 2nd quarter. NewEdge Advisors LLC now owns 304,801 shares of the company’s stock worth $55,477,000 after purchasing an additional 54,597 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its position in iShares S&P 500 Value ETF by 3.7% during the second quarter. Sunbelt Securities Inc. now owns 38,990 shares of the company’s stock worth $7,096,000 after purchasing an additional 1,382 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.2 %

Shares of IVE stock opened at $196.15 on Monday. The business’s 50 day moving average is $196.39 and its two-hundred day moving average is $194.55. iShares S&P 500 Value ETF has a 12 month low of $173.01 and a 12 month high of $206.63. The company has a market cap of $35.14 billion, a PE ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF 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.