iShares S&P 500 Value ETF $IVE Shares Sold by TSA Wealth Managment LLC

TSA Wealth Managment LLC lessened its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.5% during the third quarter, Holdings Channel reports. The firm 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 largest 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 large investors also recently modified their holdings of IVE. RMG Wealth Management LLC bought a new stake in iShares S&P 500 Value ETF during the first quarter worth $27,000. Curry Webb Wealth Management LLC bought a new position in iShares S&P 500 Value ETF during the 3rd quarter valued at $28,000. Indiana Trust & Investment Management Co lifted its stake in iShares S&P 500 Value ETF by 107.6% during the 1st quarter. Indiana Trust & Investment Management Co now owns 191 shares of the company’s stock valued at $40,000 after acquiring an additional 99 shares in the last quarter. First Bancorp Inc ME bought a new position in iShares S&P 500 Value ETF during the 2nd quarter valued at $45,000. Finally, Pension & Wealth Management Advisors Inc. boosted its holdings in iShares S&P 500 Value ETF by 41.8% during the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 251 shares of the company’s stock worth $57,000 after acquiring an additional 74 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

IVE traded down $1.35 during mid-day trading on Friday, reaching $238.12. 557,406 shares of the stock were exchanged, compared to its average volume of 930,999. iShares S&P 500 Value ETF has a 1 year low of $203.15 and a 1 year high of $239.93. The stock has a market capitalization of $50.41 billion, a PE ratio of 20.70 and a beta of 0.83. The company has a 50 day moving average price of $234.46 and a two-hundred day moving average price of $229.55.

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.