iShares S&P 500 Value ETF (NYSEARCA:IVE) Position Decreased by Centerpoint Advisors LLC

Centerpoint Advisors LLC reduced its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 38,933 shares of the company’s stock after selling 878 shares during the quarter. iShares S&P 500 Value ETF makes up 2.6% of Centerpoint Advisors LLC’s portfolio, making the stock its 9th biggest holding. Centerpoint Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $7,432,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Alpha Financial Partners LLC acquired a new position in iShares S&P 500 Value ETF in the third quarter valued at $7,385,000. Midwest Heritage Bank FSB acquired a new stake in iShares S&P 500 Value ETF during the third quarter valued at approximately $228,000. Brown Lisle Cummings Inc. lifted its position in shares of iShares S&P 500 Value ETF by 332.7% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 913 shares of the company’s stock worth $180,000 after buying an additional 702 shares during the last quarter. Gilliland Jeter Wealth Management LLC raised its position in shares of iShares S&P 500 Value ETF by 22.4% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 1,102 shares of the company’s stock worth $217,000 after purchasing an additional 202 shares during the period. Finally, Triad Wealth Partners LLC lifted its stake in iShares S&P 500 Value ETF by 510,175.0% in the third quarter. Triad Wealth Partners LLC now owns 20,411 shares of the company’s stock valued at $4,025,000 after buying an additional 20,407 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $196.62 on Tuesday. The stock has a fifty day moving average of $194.31 and a two-hundred day moving average of $195.50. The firm has a market capitalization of $35.22 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1 year low of $175.71 and a 1 year high of $206.63.

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.