Stage Harbor Financial LLC trimmed its position in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 5.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,582 shares of the company’s stock after selling 204 shares during the quarter. iShares S&P 500 Value ETF comprises 0.6% of Stage Harbor Financial LLC’s holdings, making the stock its 22nd largest position. Stage Harbor Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $684,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Stifel Financial Corp boosted its holdings in iShares S&P 500 Value ETF by 2.5% in the third quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock valued at $490,670,000 after purchasing an additional 60,868 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 8.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock valued at $408,993,000 after buying an additional 167,028 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $311,273,000. Envestnet Portfolio Solutions Inc. grew its holdings in iShares S&P 500 Value ETF by 3.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,527,973 shares of the company’s stock worth $291,659,000 after acquiring an additional 49,640 shares during the period. Finally, Commonwealth Equity Services LLC raised its position in iShares S&P 500 Value ETF by 8.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 999,059 shares of the company’s stock valued at $190,700,000 after acquiring an additional 73,706 shares in the last quarter.
iShares S&P 500 Value ETF Trading Down 1.5 %
iShares S&P 500 Value ETF stock opened at $188.79 on Friday. The firm has a market cap of $36.76 billion, a PE ratio of 21.80 and a beta of 0.94. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The stock’s 50 day simple moving average is $194.16 and its two-hundred day simple moving average is $195.97.
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.
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