Matrix Private Capital Group LLC Acquires New Holdings in iShares S&P 500 Value ETF $IVE

Matrix Private Capital Group LLC purchased a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 1st quarter, HoldingsChannel reports. The fund purchased 4,539 shares of the company’s stock, valued at approximately $958,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its stake in shares of 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 purchasing an additional 110,058 shares during the last quarter. FLP Wealth Management LLC lifted its holdings in shares of 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 purchasing an additional 22,096 shares in the last quarter. Centurion Wealth Management LLC boosted its position in shares of 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 buying an additional 4,876 shares during the last quarter. Cassilly Financial Group LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at $2,294,000. Finally, Tudor Investment Corp ET AL bought a new stake in iShares S&P 500 Value ETF in the 3rd quarter worth about $3,049,000.

iShares S&P 500 Value ETF Stock Up 0.9%

Shares of IVE stock opened at $231.36 on Friday. The company has a 50 day moving average price of $228.16 and a 200-day moving average price of $221.32. iShares S&P 500 Value ETF has a 52 week low of $193.90 and a 52 week high of $233.57. The firm has a market capitalization of $48.92 billion, a PE 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.