Sanctuary Advisors LLC Has $190.48 Million Stock Position in iShares S&P 500 Value ETF $IVE

Sanctuary Advisors LLC lessened its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.6% during the first quarter, Holdings Channel.com reports. The institutional investor owned 902,104 shares of the company’s stock after selling 63,337 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 1.0% of Sanctuary Advisors LLC’s portfolio, making the stock its 12th largest position. Sanctuary Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $190,479,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in shares of 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 valued at $3,975,941,000 after buying an additional 821,872 shares during the last quarter. Morgan Stanley boosted its position in iShares S&P 500 Value ETF by 7.5% during the fourth quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock worth $3,240,188,000 after purchasing an additional 1,068,945 shares during the period. Wells Fargo & Company MN boosted its position in iShares S&P 500 Value ETF by 2.0% during the fourth quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock worth $1,328,436,000 after purchasing an additional 120,153 shares during the period. Cetera Investment Advisers increased its holdings in shares of iShares S&P 500 Value ETF by 22.5% in the fourth quarter. Cetera Investment Advisers now owns 3,409,979 shares of the company’s stock valued at $723,154,000 after purchasing an additional 627,109 shares during the last quarter. Finally, Stifel Financial Corp increased its holdings in shares of iShares S&P 500 Value ETF by 7.6% in the fourth quarter. Stifel Financial Corp now owns 3,250,570 shares of the company’s stock valued at $689,349,000 after purchasing an additional 230,880 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $229.94 on Wednesday. The firm has a market capitalization of $48.59 billion, a PE ratio of 20.70 and a beta of 0.82. The company’s 50-day moving average is $227.15 and its 200-day moving average is $220.39. iShares S&P 500 Value ETF has a fifty-two week low of $193.90 and a fifty-two week high of $232.28.

iShares S&P 500 Value ETF 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.