Centaurus Financial Inc. lowered its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 24.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,158 shares of the company’s stock after selling 4,005 shares during the quarter. Centaurus Financial Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,567,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Cassaday & Co Wealth Management LLC increased its position in shares of iShares S&P 500 Value ETF by 3,286.8% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 1,153,776 shares of the company’s stock worth $244,681,000 after purchasing an additional 1,119,709 shares during the last quarter. Morgan Stanley boosted its holdings in shares of iShares S&P 500 Value ETF by 7.5% in the 4th quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock valued at $3,240,188,000 after buying an additional 1,068,945 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares S&P 500 Value ETF by 4.6% in the 4th quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after buying an additional 821,872 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of iShares S&P 500 Value ETF by 47.4% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock valued at $538,709,000 after buying an additional 816,767 shares in the last quarter. Finally, CWM LLC grew its stake in shares of iShares S&P 500 Value ETF by 37.5% in the fourth quarter. CWM LLC now owns 2,579,248 shares of the company’s stock valued at $546,981,000 after buying an additional 702,987 shares in the last quarter.
iShares S&P 500 Value ETF Trading Down 0.1%
Shares of IVE opened at $232.16 on Friday. The company’s fifty day simple moving average is $228.76 and its 200 day simple moving average is $221.84. iShares S&P 500 Value ETF has a 1-year low of $193.90 and a 1-year high of $234.91. The company has a market cap of $49.08 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.
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.
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