Cooper Financial Group Sells 3,810 Shares of iShares S&P 500 Value ETF $IVE

Cooper Financial Group lessened its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 45.2% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 4,624 shares of the company’s stock after selling 3,810 shares during the period. Cooper Financial Group’s holdings in iShares S&P 500 Value ETF were worth $904,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Envestnet Asset Management Inc. raised its stake in iShares S&P 500 Value ETF by 38.8% in the first quarter. Envestnet Asset Management Inc. now owns 18,643,646 shares of the company’s stock worth $3,553,106,000 after buying an additional 5,207,877 shares in the last quarter. JPMorgan Chase & Co. raised its stake in iShares S&P 500 Value ETF by 5.5% in the first quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock worth $3,387,781,000 after buying an additional 922,557 shares in the last quarter. Sofi Wealth LLC raised its stake in iShares S&P 500 Value ETF by 6,106.5% in the first quarter. Sofi Wealth LLC now owns 897,268 shares of the company’s stock worth $171,001,000 after buying an additional 882,811 shares in the last quarter. Liberty Wealth Management LLC raised its stake in iShares S&P 500 Value ETF by 1,324.3% in the first quarter. Liberty Wealth Management LLC now owns 845,488 shares of the company’s stock worth $161,133,000 after buying an additional 786,127 shares in the last quarter. Finally, Park Avenue Securities LLC raised its stake in iShares S&P 500 Value ETF by 53.1% in the first quarter. Park Avenue Securities LLC now owns 1,450,465 shares of the company’s stock worth $276,430,000 after buying an additional 502,776 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.3%

Shares of NYSEARCA:IVE opened at $207.03 on Thursday. The company has a market capitalization of $41.56 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $207.24. The firm has a 50 day moving average of $202.02 and a 200 day moving average of $193.19.

iShares S&P 500 Value ETF Company 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.