GDS Wealth Management Sells 55 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

GDS Wealth Management decreased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,709 shares of the company’s stock after selling 55 shares during the quarter. GDS Wealth Management’s holdings in iShares S&P 500 Value ETF were worth $311,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Palisade Asset Management LLC acquired a new stake in iShares S&P 500 Value ETF in the first quarter worth $26,000. CarsonAllaria Wealth Management Ltd. boosted its position in shares of iShares S&P 500 Value ETF by 289.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares in the last quarter. Vima LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $27,000. Northwest Investment Counselors LLC bought a new stake in iShares S&P 500 Value ETF in the 1st quarter valued at about $29,000. Finally, Fortis Group Advisors LLC raised its stake in iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock worth $35,000 after buying an additional 100 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of iShares S&P 500 Value ETF stock opened at $195.80 on Tuesday. The stock has a market capitalization of $35.08 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $196.36. The stock has a 50 day moving average price of $189.67 and a two-hundred day moving average price of $184.90.

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.