Telos Capital Management Inc. Has $3.12 Million Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Telos Capital Management Inc. lessened its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,845 shares of the company’s stock after selling 102 shares during the quarter. Telos Capital Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $3,124,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVE. Palisade Asset Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at about $26,000. CarsonAllaria Wealth Management Ltd. boosted its stake in shares of iShares S&P 500 Value ETF by 289.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares during the last quarter. Northwest Investment Counselors LLC bought a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at about $29,000. Addison Advisors LLC boosted its stake in shares of iShares S&P 500 Value ETF by 50.0% in the 2nd quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after purchasing an additional 93 shares during the last quarter. Finally, TruNorth Capital Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at about $65,000.

iShares S&P 500 Value ETF Trading Down 0.9 %

Shares of NYSEARCA IVE opened at $198.99 on Tuesday. The firm has a market capitalization of $35.65 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $201.08. The firm’s 50-day moving average is $194.90 and its 200-day moving average is $187.36.

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.