Raymond James & Associates Sells 1,048 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Raymond James & Associates lowered its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 780,598 shares of the company’s stock after selling 1,048 shares during the quarter. Raymond James & Associates owned 0.43% of iShares S&P 500 Value ETF worth $145,823,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Bank OZK lifted its holdings in iShares S&P 500 Value ETF by 42.6% in the 4th quarter. Bank OZK now owns 2,310 shares of the company’s stock worth $402,000 after buying an additional 690 shares during the period. Sage Financial Group Inc. purchased a new stake in iShares S&P 500 Value ETF in the fourth quarter worth $217,000. Financial Enhancement Group LLC boosted its holdings in iShares S&P 500 Value ETF by 35.5% in the fourth quarter. Financial Enhancement Group LLC now owns 50,751 shares of the company’s stock valued at $8,683,000 after acquiring an additional 13,298 shares in the last quarter. Cullen Frost Bankers Inc. increased its position in iShares S&P 500 Value ETF by 19.8% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 97,534 shares of the company’s stock valued at $15,005,000 after purchasing an additional 16,129 shares during the period. Finally, Bfsg LLC purchased a new position in iShares S&P 500 Value ETF during the 4th quarter valued at $60,000.

iShares S&P 500 Value ETF Stock Up 0.4 %

Shares of NYSEARCA:IVE traded up $0.76 on Monday, hitting $180.91. The company had a trading volume of 556,322 shares, compared to its average volume of 956,113. The firm’s 50-day simple moving average is $181.46 and its two-hundred day simple moving average is $172.09. The firm has a market capitalization of $32.41 billion, a price-to-earnings ratio of 23.38 and a beta of 0.84. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $187.24.

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.