Truepoint Inc. Sells 1,199 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Truepoint Inc. decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,129 shares of the company’s stock after selling 1,199 shares during the period. Truepoint Inc.’s holdings in iShares S&P 500 Value ETF were worth $3,482,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Palisade Asset Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the first quarter valued at approximately $26,000. Vima LLC purchased a new position in iShares S&P 500 Value ETF in the fourth quarter worth $27,000. CarsonAllaria Wealth Management Ltd. boosted its position in iShares S&P 500 Value ETF by 289.5% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares during the last quarter. Northwest Investment Counselors LLC purchased a new position in iShares S&P 500 Value ETF in the first quarter worth $29,000. Finally, Fortis Group Advisors LLC boosted its position in iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock worth $35,000 after purchasing an additional 100 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.8 %

IVE stock opened at $192.92 on Friday. The stock’s fifty day simple moving average is $188.04 and its two-hundred day simple moving average is $184.10. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $196.36. The stock has a market cap of $34.56 billion, a P/E 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.