Total Investment Management Inc. Sells 243 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Total Investment Management Inc. cut its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,179 shares of the company’s stock after selling 243 shares during the period. iShares S&P 500 Value ETF makes up approximately 0.3% of Total Investment Management Inc.’s holdings, making the stock its 18th biggest position. Total Investment Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,275,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Natixis Advisors L.P. raised its holdings in iShares S&P 500 Value ETF by 7.4% in the 3rd quarter. Natixis Advisors L.P. now owns 19,154 shares of the company’s stock valued at $2,947,000 after acquiring an additional 1,313 shares in the last quarter. O Shaughnessy Asset Management LLC raised its stake in shares of iShares S&P 500 Value ETF by 17.0% in the third quarter. O Shaughnessy Asset Management LLC now owns 4,085 shares of the company’s stock valued at $628,000 after purchasing an additional 593 shares in the last quarter. Trexquant Investment LP lifted its position in iShares S&P 500 Value ETF by 52.8% in the third quarter. Trexquant Investment LP now owns 2,535 shares of the company’s stock worth $390,000 after purchasing an additional 876 shares during the period. Ancora Advisors LLC boosted its stake in iShares S&P 500 Value ETF by 19.3% during the third quarter. Ancora Advisors LLC now owns 4,067 shares of the company’s stock worth $626,000 after buying an additional 658 shares in the last quarter. Finally, Texas Capital Bancshares Inc TX increased its holdings in iShares S&P 500 Value ETF by 9.6% in the 3rd quarter. Texas Capital Bancshares Inc TX now owns 22,585 shares of the company’s stock valued at $3,474,000 after buying an additional 1,987 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE traded up $0.18 during midday trading on Friday, reaching $182.01. 426,125 shares of the company’s stock were exchanged, compared to its average volume of 800,868. The company’s 50 day simple moving average is $182.48 and its two-hundred day simple moving average is $179.24. iShares S&P 500 Value ETF has a 12 month low of $147.23 and a 12 month high of $187.24. The firm has a market capitalization of $32.61 billion, a PE ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF 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.