7,782 iShares S&P 500 Value ETF $IVE Shares Sold by Saxony Capital Management LLC

Saxony Capital Management LLC lessened its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 31.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 16,610 shares of the company’s stock after selling 7,782 shares during the quarter. iShares S&P 500 Value ETF makes up about 1.5% of Saxony Capital Management LLC’s investment portfolio, making the stock its 16th biggest position. Saxony Capital Management LLC’s holdings in iShares S&P 500 Value ETF were worth $3,792,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of IVE. RMG Wealth Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at $27,000. Sankala Group LLC acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter worth $35,000. Indiana Trust & Investment Management Co lifted its position in iShares S&P 500 Value ETF by 107.6% in the first quarter. Indiana Trust & Investment Management Co now owns 191 shares of the company’s stock valued at $40,000 after acquiring an additional 99 shares during the last quarter. First Bancorp Inc ME purchased a new stake in iShares S&P 500 Value ETF in the second quarter valued at $45,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at $55,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $235.66 on Friday. iShares S&P 500 Value ETF has a 1 year low of $203.15 and a 1 year high of $239.93. The company has a market capitalization of $49.87 billion, a PE ratio of 20.70 and a beta of 0.83. The company has a fifty day moving average of $234.42 and a two-hundred day moving average of $228.57.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.