Personal CFO Solutions LLC purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 5,796 shares of the company’s stock, valued at approximately $1,224,000.
A number of other institutional investors have also made changes to their positions in the business. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its holdings in shares of iShares S&P 500 Value ETF by 96.6% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 223,947 shares of the company’s stock worth $47,492,000 after purchasing an additional 110,058 shares during the period. FLP Wealth Management LLC lifted its stake in shares of iShares S&P 500 Value ETF by 1,182.9% in the fourth quarter. FLP Wealth Management LLC now owns 23,964 shares of the company’s stock valued at $5,082,000 after buying an additional 22,096 shares during the period. Centurion Wealth Management LLC grew its position in iShares S&P 500 Value ETF by 24.7% during the fourth quarter. Centurion Wealth Management LLC now owns 24,643 shares of the company’s stock worth $5,226,000 after buying an additional 4,876 shares in the last quarter. Ausdal Financial Partners Inc. grew its position in iShares S&P 500 Value ETF by 6.1% during the third quarter. Ausdal Financial Partners Inc. now owns 57,523 shares of the company’s stock worth $11,879,000 after buying an additional 3,328 shares in the last quarter. Finally, Cassilly Financial Group LLC bought a new position in iShares S&P 500 Value ETF during the fourth quarter valued at about $2,294,000.
iShares S&P 500 Value ETF Stock Down 0.8%
iShares S&P 500 Value ETF stock opened at $228.90 on Thursday. The business has a 50 day moving average price of $226.50 and a two-hundred day moving average price of $219.91. The stock has a market cap of $48.26 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 12 month low of $193.90 and a 12 month high of $232.28.
About iShares S&P 500 Value ETF
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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