Vantage Point Financial LLC Lowers Position in iShares S&P 500 Value ETF $IVE

Vantage Point Financial LLC decreased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 17.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,810 shares of the company’s stock after selling 2,921 shares during the period. iShares S&P 500 Value ETF makes up about 1.0% of Vantage Point Financial LLC’s holdings, making the stock its 23rd largest holding. Vantage Point Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $2,916,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in shares of iShares S&P 500 Value ETF by 4.6% in the 4th quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after acquiring an additional 821,872 shares in the last quarter. Morgan Stanley increased its position in shares of iShares S&P 500 Value ETF by 7.5% in the fourth quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock worth $3,240,188,000 after purchasing an additional 1,068,945 shares during the last quarter. Bank of America Corp DE increased its position in shares of iShares S&P 500 Value ETF by 0.9% in the third quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock worth $1,734,056,000 after purchasing an additional 72,040 shares during the last quarter. Wells Fargo & Company MN raised its stake in iShares S&P 500 Value ETF by 2.0% in the fourth quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock valued at $1,328,436,000 after purchasing an additional 120,153 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in iShares S&P 500 Value ETF by 22.5% in the fourth quarter. Cetera Investment Advisers now owns 3,409,979 shares of the company’s stock valued at $723,154,000 after purchasing an additional 627,109 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $230.49 on Monday. iShares S&P 500 Value ETF has a 1 year low of $193.90 and a 1 year high of $232.28. The firm has a market cap of $48.63 billion, a PE ratio of 20.70 and a beta of 0.82. The company has a 50 day simple moving average of $226.88 and a two-hundred day simple moving average of $220.16.

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.