iShares S&P 500 Value ETF $IVE is TSA Wealth Managment LLC’s 7th Largest Position

TSA Wealth Managment LLC lowered its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 57,163 shares of the company’s stock after selling 5,882 shares during the quarter. iShares S&P 500 Value ETF comprises about 3.9% of TSA Wealth Managment LLC’s holdings, making the stock its 7th largest position. TSA Wealth Managment LLC’s holdings in iShares S&P 500 Value ETF were worth $12,070,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of IVE. Simplex Trading LLC acquired a new position in iShares S&P 500 Value ETF during the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $25,000. Decker Retirement Planning Inc. acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $26,000. United Services Automobile Association purchased a new stake in shares of iShares S&P 500 Value ETF during the second quarter valued at approximately $26,000. Finally, Palisade Asset Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $29,000.

iShares S&P 500 Value ETF Stock Up 0.3%

Shares of NYSEARCA IVE traded up $0.58 during trading on Friday, reaching $230.49. 392,038 shares of the stock were exchanged, compared to its average volume of 1,112,593. The business’s 50-day moving average price is $226.88 and its 200 day moving average price is $220.11. iShares S&P 500 Value ETF has a twelve month low of $193.90 and a twelve month high of $232.28. The company has a market capitalization of $48.60 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.

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.