iShares S&P 500 Value ETF $IVE Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers trimmed its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.4% in the first quarter, Holdings Channel.com reports. The firm owned 3,295,130 shares of the company’s stock after selling 114,849 shares during the quarter. iShares S&P 500 Value ETF comprises about 0.7% of Cetera Investment Advisers’ portfolio, making the stock its 17th largest position. Cetera Investment Advisers’ holdings in iShares S&P 500 Value ETF were worth $695,767,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position 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 buying an additional 110,058 shares during the period. FLP Wealth Management LLC grew its position in iShares S&P 500 Value ETF by 1,182.9% during the fourth 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 iShares S&P 500 Value ETF by 24.7% during 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. Cassilly Financial Group LLC acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter worth about $2,294,000. Finally, Tudor Investment Corp ET AL acquired a new stake in iShares S&P 500 Value ETF during the third quarter worth about $3,049,000.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $230.73 on Thursday. The stock’s 50-day moving average is $227.91 and its 200-day moving average is $221.13. The company has a market cap of $48.79 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 12 month low of $193.90 and a 12 month high of $233.57.

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.