Centaurus Financial Inc. Lowers Holdings in iShares S&P 500 Value ETF $IVE

Centaurus Financial Inc. reduced its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 24.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,158 shares of the company’s stock after selling 4,005 shares during the period. Centaurus Financial Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,567,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its holdings in iShares S&P 500 Value ETF by 96.6% during 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 buying an additional 110,058 shares during the last quarter. FLP Wealth Management LLC boosted its stake in 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 worth $5,082,000 after acquiring an additional 22,096 shares during the last quarter. Assetmark Inc. grew its holdings in iShares S&P 500 Value ETF by 30.3% during the fourth quarter. Assetmark Inc. now owns 22,567 shares of the company’s stock valued at $4,786,000 after purchasing an additional 5,244 shares during the period. Diversify Advisory Services LLC increased its stake in iShares S&P 500 Value ETF by 31.7% in the fourth quarter. Diversify Advisory Services LLC now owns 27,749 shares of the company’s stock valued at $6,029,000 after purchasing an additional 6,675 shares in the last quarter. Finally, Asset Dedication LLC raised its holdings in iShares S&P 500 Value ETF by 20.7% in the fourth quarter. Asset Dedication LLC now owns 14,669 shares of the company’s stock worth $3,111,000 after purchasing an additional 2,516 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.1%

Shares of IVE stock opened at $232.16 on Friday. iShares S&P 500 Value ETF has a 12-month low of $193.90 and a 12-month high of $234.91. The firm has a fifty day moving average of $228.76 and a 200-day moving average of $221.84. The firm has a market capitalization of $49.08 billion, a price-to-earnings 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.