iShares S&P 500 Value ETF $IVE Stock Holdings Reduced by TSA Wealth Managment LLC

TSA Wealth Managment LLC trimmed its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,846 shares of the company’s stock after selling 3,630 shares during the period. iShares S&P 500 Value ETF makes up approximately 2.5% of TSA Wealth Managment LLC’s portfolio, making the stock its 10th biggest position. TSA Wealth Managment LLC’s holdings in iShares S&P 500 Value ETF were worth $8,868,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IVE. Yousif Capital Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $247,000. BIP Wealth LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 2.4% in the 3rd quarter. BIP Wealth LLC now owns 7,414 shares of the company’s stock worth $1,692,000 after purchasing an additional 176 shares in the last quarter. Curry Webb Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth $28,000. NBT Bank N.A. bought a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth $835,000. Finally, Root Financial Partners LLC acquired a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at $80,000.

iShares S&P 500 Value ETF Stock Down 0.6%

IVE stock traded down $1.35 during midday trading on Friday, reaching $238.12. 557,406 shares of the company’s stock traded hands, compared to its average volume of 930,999. The company has a market cap of $50.41 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. The firm’s fifty day moving average price is $234.46 and its 200-day moving average price is $229.55. iShares S&P 500 Value ETF has a 52 week low of $203.15 and a 52 week high of $239.93.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.