Lynch & Associates IN Lowers Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Lynch & Associates IN lessened its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,456 shares of the company’s stock after selling 113 shares during the quarter. Lynch & Associates IN’s holdings in iShares S&P 500 Value ETF were worth $557,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of IVE. Moneta Group Investment Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 106,784.6% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 135,983,973 shares of the company’s stock worth $19,727,195,000 after acquiring an additional 135,856,748 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares S&P 500 Value ETF by 7.1% in the fourth quarter. JPMorgan Chase & Co. now owns 21,534,059 shares of the company’s stock worth $3,123,946,000 after acquiring an additional 1,427,773 shares in the last quarter. Lido Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 128.8% in the first quarter. Lido Advisors LLC now owns 1,178,301 shares of the company’s stock worth $183,485,000 after acquiring an additional 663,252 shares in the last quarter. Truist Financial Corp grew its stake in shares of iShares S&P 500 Value ETF by 437.1% in the fourth quarter. Truist Financial Corp now owns 560,231 shares of the company’s stock worth $81,273,000 after acquiring an additional 455,915 shares in the last quarter. Finally, Frank Rimerman Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the first quarter worth $40,968,000.

iShares S&P 500 Value ETF Trading Down 0.5 %

Shares of IVE stock traded down $0.88 on Tuesday, reaching $160.18. 125,304 shares of the stock were exchanged, compared to its average volume of 684,332. The business’s 50 day moving average price is $162.74 and its 200 day moving average price is $156.33. The company has a market capitalization of $25.32 billion, a price-to-earnings ratio of 15.85 and a beta of 0.94. iShares S&P 500 Value ETF has a twelve month low of $127.33 and a twelve month high of $167.62.

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.