Keebeck Wealth Management Has $10.47 Million Position in iShares S&P 500 Value ETF $IVE

Keebeck Wealth Management cut its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,609 shares of the company’s stock after selling 3,822 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 1.2% of Keebeck Wealth Management’s investment portfolio, making the stock its 16th largest holding. Keebeck Wealth Management’s holdings in iShares S&P 500 Value ETF were worth $10,475,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of IVE. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in iShares S&P 500 Value ETF by 96.6% in the fourth 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 acquiring an additional 110,058 shares during the period. FLP Wealth Management LLC grew its position in shares of iShares S&P 500 Value ETF by 1,182.9% during the 4th quarter. FLP Wealth Management LLC now owns 23,964 shares of the company’s stock valued at $5,082,000 after acquiring an additional 22,096 shares during the period. Centurion Wealth Management LLC grew its position in shares of iShares S&P 500 Value ETF by 24.7% during the 4th quarter. Centurion Wealth Management LLC now owns 24,643 shares of the company’s stock valued at $5,226,000 after acquiring an additional 4,876 shares during the period. Cassilly Financial Group LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $2,294,000. Finally, Tudor Investment Corp ET AL purchased a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter worth $3,049,000.

iShares S&P 500 Value ETF Stock Performance

Shares of iShares S&P 500 Value ETF stock opened at $229.30 on Friday. iShares S&P 500 Value ETF has a one year low of $193.90 and a one year high of $233.57. The stock’s fifty day moving average is $228.00 and its 200 day moving average is $221.24. The stock has a market cap of $48.49 billion, a P/E ratio of 20.70 and a beta of 0.82.

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. 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.