iShares S&P 500 Value ETF $IVE Stock Sold by One Wealth Capital Management LLC

One Wealth Capital Management LLC reduced its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 15.5% in the third quarter, HoldingsChannel reports. The firm owned 30,475 shares of the company’s stock after selling 5,574 shares during the period. iShares S&P 500 Value ETF makes up about 2.6% of One Wealth Capital Management LLC’s investment portfolio, making the stock its 8th biggest holding. One Wealth Capital Management LLC’s holdings in iShares S&P 500 Value ETF were worth $6,957,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the business. RMG Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $27,000. Curry Webb Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $28,000. Indiana Trust & Investment Management Co grew its position in shares of 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 worth $40,000 after buying an additional 99 shares during the period. First Bancorp Inc ME acquired a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter worth approximately $45,000. Finally, Pension & Wealth Management Advisors Inc. increased its stake in shares of iShares S&P 500 Value ETF by 41.8% in the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 251 shares of the company’s stock valued at $57,000 after acquiring an additional 74 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.6%

NYSEARCA:IVE opened at $238.12 on Friday. iShares S&P 500 Value ETF has a twelve month low of $203.15 and a twelve month high of $239.93. The company has a fifty day moving average of $234.46 and a 200-day moving average of $229.55. The firm has a market capitalization of $50.41 billion, a P/E ratio of 20.70 and a beta of 0.83.

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. 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.