iShares S&P 500 Value ETF $IVE Shares Sold by WealthShield Partners LLC

WealthShield Partners LLC trimmed its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.1% during the first quarter, Holdings Channel.com reports. The firm owned 80,286 shares of the company’s stock after selling 5,206 shares during the period. iShares S&P 500 Value ETF accounts for about 1.9% of WealthShield Partners LLC’s holdings, making the stock its 6th largest holding. WealthShield Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $16,952,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of IVE. 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 valued at $47,492,000 after purchasing an additional 110,058 shares during the last quarter. FLP Wealth Management LLC increased its holdings 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 worth $5,082,000 after buying an additional 22,096 shares during the last quarter. Centurion Wealth Management LLC increased its holdings in shares of 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 worth $5,226,000 after buying an additional 4,876 shares during the last quarter. Ausdal Financial Partners Inc. raised its position in shares of iShares S&P 500 Value ETF by 6.1% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 57,523 shares of the company’s stock worth $11,879,000 after buying an additional 3,328 shares during the period. Finally, Cassilly Financial Group LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth $2,294,000.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock traded up $0.58 during midday trading on Friday, reaching $230.49. The stock had a trading volume of 392,038 shares, compared to its average volume of 1,112,593. The stock’s 50-day simple moving average is $226.88 and its 200 day simple moving average is $220.11. iShares S&P 500 Value ETF has a twelve month low of $193.90 and a twelve month high of $232.28. The stock has a market capitalization of $48.60 billion, a PE ratio of 20.70 and a beta of 0.82.

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.