11,655 iShares S&P 500 Value ETF $IVE Shares Sold by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI reduced its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 16.9% in the third quarter, Holdings Channel reports. The fund owned 57,349 shares of the company’s stock after selling 11,655 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in iShares S&P 500 Value ETF were worth $13,092,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of IVE. RMG Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter worth approximately $27,000. Curry Webb Wealth Management LLC purchased a new position in iShares S&P 500 Value ETF in the third quarter valued at approximately $28,000. Indiana Trust & Investment Management Co lifted its stake 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 purchasing an additional 99 shares during the last quarter. First Bancorp Inc ME bought a new position in iShares S&P 500 Value ETF during the second quarter valued at $45,000. Finally, Pension & Wealth Management Advisors Inc. grew its holdings in iShares S&P 500 Value ETF by 41.8% during the third quarter. Pension & Wealth Management Advisors Inc. now owns 251 shares of the company’s stock valued at $57,000 after purchasing an additional 74 shares during the period.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE opened at $238.12 on Friday. The business has a fifty day simple moving average of $234.46 and a two-hundred day simple moving average of $229.55. 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 $50.41 billion, a P/E ratio of 20.70 and a beta of 0.83.

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.