Parsons Capital Management Inc. RI Has $678,000 Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Parsons Capital Management Inc. RI trimmed its position in iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 16.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,899 shares of the company’s stock after selling 770 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in iShares S&P 500 Value ETF were worth $678,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Moneta Group Investment Advisors LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 106,784.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 135,983,973 shares of the company’s stock worth $19,727,195,000 after purchasing an additional 135,856,748 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 4.5% during the first quarter. Goldman Sachs Group Inc. now owns 3,074,178 shares of the company’s stock worth $478,711,000 after purchasing an additional 133,228 shares during the period. Stifel Financial Corp boosted its holdings in shares of iShares S&P 500 Value ETF by 1.3% during the third quarter. Stifel Financial Corp now owns 2,170,089 shares of the company’s stock worth $333,847,000 after purchasing an additional 28,499 shares during the period. LPL Financial LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 1.3% during the third quarter. LPL Financial LLC now owns 1,940,992 shares of the company’s stock worth $298,602,000 after purchasing an additional 23,973 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 4.5% during the third quarter. PNC Financial Services Group Inc. now owns 1,490,065 shares of the company’s stock worth $229,232,000 after purchasing an additional 63,793 shares during the period.

iShares S&P 500 Value ETF Stock Performance

IVE stock opened at $184.48 on Wednesday. The stock has a market cap of $29.17 billion, a P/E ratio of 15.85 and a beta of 0.94. The firm has a 50 day simple moving average of $179.32 and a 200 day simple moving average of $168.52. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $187.24.

iShares S&P 500 Value ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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