Citizens Financial Group Inc. RI Grows Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Citizens Financial Group Inc. RI lifted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,044 shares of the company’s stock after buying an additional 2,617 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in iShares S&P 500 Value ETF were worth $11,658,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Stifel Financial Corp grew its position in iShares S&P 500 Value ETF by 1.3% during the 3rd quarter. Stifel Financial Corp now owns 2,170,089 shares of the company’s stock valued at $333,847,000 after purchasing an additional 28,499 shares during the last quarter. LPL Financial LLC grew its position in iShares S&P 500 Value ETF by 1.3% during the 3rd quarter. LPL Financial LLC now owns 1,940,992 shares of the company’s stock valued at $298,602,000 after purchasing an additional 23,973 shares during the last quarter. PNC Financial Services Group Inc. grew its position in iShares S&P 500 Value ETF by 4.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,490,065 shares of the company’s stock valued at $229,232,000 after purchasing an additional 63,793 shares during the last quarter. US Bancorp DE grew its position in iShares S&P 500 Value ETF by 0.8% during the 3rd quarter. US Bancorp DE now owns 1,334,378 shares of the company’s stock valued at $204,727,000 after purchasing an additional 10,074 shares during the last quarter. Finally, Royal Bank of Canada grew its position in iShares S&P 500 Value ETF by 7.2% during the 3rd quarter. Royal Bank of Canada now owns 1,233,196 shares of the company’s stock valued at $189,715,000 after purchasing an additional 82,644 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $180.15 on Friday. The company’s 50-day moving average is $181.38 and its 200 day moving average is $171.79. The company has a market capitalization of $32.27 billion, a price-to-earnings ratio of 23.38 and a beta of 0.84. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $187.24.

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.