iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Townsquare Capital LLC

Townsquare Capital LLC lowered its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 25,221 shares of the company’s stock after selling 2,566 shares during the period. Townsquare Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $4,973,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of IVE. Chesapeake Wealth Management lifted its holdings in shares of iShares S&P 500 Value ETF by 3.8% during the third quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock valued at $272,000 after purchasing an additional 50 shares during the last quarter. CGN Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 3.0% during the second quarter. CGN Advisors LLC now owns 1,860 shares of the company’s stock valued at $339,000 after buying an additional 55 shares in the last quarter. Capital Square LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 1.3% in the second quarter. Capital Square LLC now owns 4,339 shares of the company’s stock worth $816,000 after buying an additional 55 shares during the period. HighMark Wealth Management LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 0.7% in the second quarter. HighMark Wealth Management LLC now owns 8,208 shares of the company’s stock worth $1,494,000 after buying an additional 56 shares during the period. Finally, GDS Wealth Management increased its position in shares of iShares S&P 500 Value ETF by 3.3% in the third quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock worth $348,000 after acquiring an additional 56 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $205.50 on Friday. iShares S&P 500 Value ETF has a 52 week low of $163.68 and a 52 week high of $206.47. The company has a market cap of $36.82 billion, a PE ratio of 23.79 and a beta of 0.81. The firm has a 50 day simple moving average of $198.77 and a 200 day simple moving average of $191.04.

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.