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

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

Several other hedge funds also recently bought and sold shares of IVE. Northwest Investment Counselors LLC bought a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at $31,000. Valued Wealth Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth about $35,000. Colony Family Offices LLC lifted its holdings in iShares S&P 500 Value ETF by 77.3% in the 3rd quarter. Colony Family Offices LLC now owns 273 shares of the company’s stock worth $54,000 after purchasing an additional 119 shares during the last quarter. Addison Advisors LLC boosted its position in iShares S&P 500 Value ETF by 50.0% during the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock worth $51,000 after purchasing an additional 93 shares during the period. Finally, TruNorth Capital Management LLC acquired a new position in iShares S&P 500 Value ETF during the second quarter valued at approximately $65,000.

iShares S&P 500 Value ETF Stock Up 0.1 %

NYSEARCA:IVE opened at $205.50 on Friday. The company’s 50 day moving average is $198.77 and its 200-day moving average is $191.04. iShares S&P 500 Value ETF has a 12 month low of $163.68 and a 12 month high of $206.47. The firm has a market cap of $36.82 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.