Endeavor Private Wealth Inc. Trims Position in iShares S&P 500 Value ETF $IVE

Endeavor Private Wealth Inc. reduced its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,933 shares of the company’s stock after selling 5,716 shares during the period. iShares S&P 500 Value ETF comprises approximately 2.9% of Endeavor Private Wealth Inc.’s holdings, making the stock its 5th biggest position. Endeavor Private Wealth Inc.’s holdings in iShares S&P 500 Value ETF were worth $11,792,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. grew its stake in iShares S&P 500 Value ETF by 4.6% in the fourth quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock worth $3,975,941,000 after purchasing an additional 821,872 shares in the last quarter. Morgan Stanley lifted its holdings in iShares S&P 500 Value ETF by 7.5% during the 4th quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock worth $3,240,188,000 after buying an additional 1,068,945 shares during the last quarter. Bank of America Corp DE lifted its holdings in iShares S&P 500 Value ETF by 2.0% during the 1st quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock worth $1,997,009,000 after buying an additional 182,358 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of iShares S&P 500 Value ETF by 2.0% in the 4th quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock worth $1,328,436,000 after acquiring an additional 120,153 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in shares of iShares S&P 500 Value ETF by 22.5% in the 4th quarter. Cetera Investment Advisers now owns 3,409,979 shares of the company’s stock worth $723,154,000 after acquiring an additional 627,109 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.7%

Shares of NYSEARCA IVE opened at $236.80 on Friday. The company has a market capitalization of $50.05 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a twelve month low of $201.22 and a twelve month high of $239.93. The business has a 50 day simple moving average of $233.58 and a 200-day simple moving average of $225.12.

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.