Centaurus Financial Inc. Lowers Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Centaurus Financial Inc. reduced its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 34.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,171 shares of the company’s stock after selling 1,675 shares during the period. Centaurus Financial Inc.’s holdings in iShares S&P 500 Value ETF were worth $577,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 1st quarter valued at about $26,000. CarsonAllaria Wealth Management Ltd. raised its stake in iShares S&P 500 Value ETF by 289.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares during the period. Vima LLC bought a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $27,000. Northwest Investment Counselors LLC bought a new stake in iShares S&P 500 Value ETF during the 1st quarter valued at approximately $29,000. Finally, Fortis Group Advisors LLC raised its stake in iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock valued at $35,000 after purchasing an additional 100 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.7 %

Shares of IVE opened at $196.65 on Friday. The business’s 50 day moving average is $192.30 and its 200 day moving average is $186.26. The company has a market capitalization of $35.23 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $197.63.

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.