Parsons Capital Management Inc. RI Has $217,000 Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Parsons Capital Management Inc. RI decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 67.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,139 shares of the company’s stock after selling 2,315 shares during the period. Parsons Capital Management Inc. RI’s holdings in iShares S&P 500 Value ETF were worth $217,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in IVE. Family Firm Inc. raised its position in iShares S&P 500 Value ETF by 0.5% in the fourth quarter. Family Firm Inc. now owns 10,464 shares of the company’s stock worth $1,998,000 after purchasing an additional 57 shares in the last quarter. Lifeworks Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 2.6% during the fourth quarter. Lifeworks Advisors LLC now owns 2,390 shares of the company’s stock valued at $456,000 after purchasing an additional 60 shares in the last quarter. Perennial Investment Advisors LLC lifted its position in shares of iShares S&P 500 Value ETF by 1.0% during the 4th quarter. Perennial Investment Advisors LLC now owns 6,143 shares of the company’s stock worth $1,173,000 after buying an additional 62 shares during the period. Ellis Investment Partners LLC lifted its position in shares of iShares S&P 500 Value ETF by 0.4% during the 4th quarter. Ellis Investment Partners LLC now owns 15,647 shares of the company’s stock worth $2,987,000 after buying an additional 64 shares during the period. Finally, Beacon Financial Group boosted its stake in iShares S&P 500 Value ETF by 1.3% in the 1st quarter. Beacon Financial Group now owns 5,307 shares of the company’s stock valued at $1,011,000 after buying an additional 66 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $192.26 on Thursday. The firm has a market capitalization of $38.36 billion, a P/E ratio of 20.88 and a beta of 0.89. The stock has a fifty day moving average price of $184.36 and a two-hundred day moving average price of $190.96. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $206.63.

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.