Private Advisor Group LLC Cuts Stock Position in iShares S&P 500 Value ETF $IVE

Private Advisor Group LLC cut its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 302,973 shares of the company’s stock after selling 28,071 shares during the quarter. Private Advisor Group LLC owned approximately 0.14% of iShares S&P 500 Value ETF worth $63,973,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its position in 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 valued at $47,492,000 after buying an additional 110,058 shares during the period. FLP Wealth Management LLC grew its holdings in iShares S&P 500 Value ETF by 1,182.9% in the 4th quarter. FLP Wealth Management LLC now owns 23,964 shares of the company’s stock worth $5,082,000 after acquiring an additional 22,096 shares during the last quarter. Centurion Wealth Management LLC increased its position in shares of iShares S&P 500 Value ETF by 24.7% in the fourth 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. Ausdal Financial Partners Inc. increased its position in shares of iShares S&P 500 Value ETF by 6.1% in the third quarter. Ausdal Financial Partners Inc. now owns 57,523 shares of the company’s stock valued at $11,879,000 after acquiring an additional 3,328 shares during the period. Finally, Cassilly Financial Group LLC bought a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at about $2,294,000.

iShares S&P 500 Value ETF Trading Up 1.1%

iShares S&P 500 Value ETF stock opened at $230.20 on Friday. The firm has a market cap of $48.32 billion, a P/E ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 1-year low of $193.90 and a 1-year high of $230.26. The firm has a 50-day moving average of $225.72 and a 200-day moving average of $219.39.

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.