GTS Securities LLC Has $11.13 Million Stock Position in iShares S&P 500 Value ETF $IVE

GTS Securities LLC cut its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 27.2% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 49,020 shares of the company’s stock after selling 18,324 shares during the quarter. GTS Securities LLC’s holdings in iShares S&P 500 Value ETF were worth $11,130,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Simplex Trading LLC bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at approximately $25,000. United Services Automobile Association bought a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at approximately $26,000. RMG Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter valued at approximately $27,000. Finally, Palisade Asset Management LLC acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $29,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $237.29 on Friday. The company has a market cap of $50.15 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. The firm has a 50 day simple moving average of $232.54 and a 200 day simple moving average of $224.57. iShares S&P 500 Value ETF has a one year low of $201.22 and a one year high of $239.93.

About iShares S&P 500 Value ETF

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.