iShares S&P 500 Value ETF $IVE is LVZ Inc.’s Largest Position

LVZ Inc. reduced its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 572,662 shares of the company’s stock after selling 19,418 shares during the period. iShares S&P 500 Value ETF comprises 13.8% of LVZ Inc.’s portfolio, making the stock its largest holding. LVZ Inc.’s holdings in iShares S&P 500 Value ETF were worth $120,918,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its holdings in shares of iShares S&P 500 Value ETF by 96.6% in the 4th 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 purchasing an additional 110,058 shares during the period. FLP Wealth Management LLC increased 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 purchasing an additional 22,096 shares during the last quarter. Centurion Wealth Management LLC raised its holdings in 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 buying an additional 4,876 shares during the period. Ausdal Financial Partners Inc. raised its holdings in iShares S&P 500 Value ETF by 6.1% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 57,523 shares of the company’s stock valued at $11,879,000 after buying an additional 3,328 shares during the period. Finally, Cassilly Financial Group LLC bought a new stake in iShares S&P 500 Value ETF in the fourth quarter worth $2,294,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $230.20 on Monday. The company has a fifty day moving average of $225.92 and a two-hundred day moving average of $219.50. The firm has a market capitalization of $48.54 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 52 week low of $193.90 and a 52 week high of $230.26.

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.