iShares S&P 500 Value ETF (NYSEARCA:IVE) Position Lessened by Traynor Capital Management Inc.

Traynor Capital Management Inc. reduced its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 15.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,261 shares of the company’s stock after selling 9,890 shares during the quarter. iShares S&P 500 Value ETF comprises approximately 0.7% of Traynor Capital Management Inc.’s holdings, making the stock its 27th largest position. Traynor Capital Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $9,976,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Chesapeake Wealth Management grew its holdings in iShares S&P 500 Value ETF by 3.8% in the 3rd quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock worth $272,000 after buying an additional 50 shares in the last quarter. West Coast Financial LLC lifted its holdings in iShares S&P 500 Value ETF by 0.3% in the fourth quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock worth $3,137,000 after purchasing an additional 53 shares during the period. GDS Wealth Management boosted its stake in iShares S&P 500 Value ETF by 3.3% during the 3rd quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock valued at $348,000 after purchasing an additional 56 shares in the last quarter. Roble Belko & Company Inc raised its position in iShares S&P 500 Value ETF by 0.5% in the fourth quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock worth $2,145,000 after acquiring an additional 57 shares in the last quarter. Finally, Whitcomb & Hess Inc. boosted its position in shares of iShares S&P 500 Value ETF by 1.0% during the 3rd quarter. Whitcomb & Hess Inc. now owns 6,023 shares of the company’s stock valued at $1,188,000 after purchasing an additional 58 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.1 %

IVE opened at $195.41 on Thursday. iShares S&P 500 Value ETF has a fifty-two week low of $172.85 and a fifty-two week high of $206.63. The business has a fifty day simple moving average of $196.65 and a 200-day simple moving average of $194.33. The firm has a market cap of $35.01 billion, a PE ratio of 23.79 and a beta of 0.81.

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.