Parsons Capital Management Inc. RI Reduces Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Parsons Capital Management Inc. RI lessened its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.5% in the first quarter, Holdings Channel.com reports. The firm owned 3,684 shares of the company’s stock after selling 215 shares during the period. Parsons Capital Management Inc. RI’s holdings in iShares S&P 500 Value ETF were worth $688,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Claro Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 2.0% in the 1st quarter. Claro Advisors LLC now owns 3,033 shares of the company’s stock valued at $567,000 after purchasing an additional 60 shares during the period. Ellis Investment Partners LLC raised its holdings in shares of iShares S&P 500 Value ETF by 0.4% in the 4th quarter. Ellis Investment Partners LLC now owns 15,815 shares of the company’s stock valued at $2,750,000 after acquiring an additional 63 shares in the last quarter. Beacon Bridge Wealth Partners LLC boosted its position in shares of iShares S&P 500 Value ETF by 4.7% during the 4th quarter. Beacon Bridge Wealth Partners LLC now owns 1,404 shares of the company’s stock valued at $244,000 after acquiring an additional 63 shares during the last quarter. Cadinha & Co. LLC grew its stake in iShares S&P 500 Value ETF by 1.0% in the 3rd quarter. Cadinha & Co. LLC now owns 6,360 shares of the company’s stock worth $978,000 after buying an additional 66 shares in the last quarter. Finally, Trifecta Capital Advisors LLC grew its position in iShares S&P 500 Value ETF by 2.0% in the fourth quarter. Trifecta Capital Advisors LLC now owns 3,401 shares of the company’s stock worth $591,000 after acquiring an additional 66 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.2 %

Shares of IVE traded down $0.30 during mid-day trading on Friday, reaching $180.15. The company’s stock had a trading volume of 440,677 shares, compared to its average volume of 961,049. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $187.24. The company’s fifty day moving average price is $181.38 and its two-hundred day moving average price is $171.91. The stock has a market cap of $32.27 billion, a PE ratio of 23.38 and a beta of 0.84.

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.