Centurion Wealth Management LLC Raises Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Centurion Wealth Management LLC increased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,581 shares of the company’s stock after purchasing an additional 155 shares during the period. iShares S&P 500 Value ETF accounts for 0.8% of Centurion Wealth Management LLC’s portfolio, making the stock its 29th biggest position. Centurion Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $2,402,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after acquiring an additional 76 shares during the last quarter. Kentucky Trust Co purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth $29,000. Providence First Trust Co purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth $31,000. Centricity Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth $34,000. Finally, Perkins Coie Trust Co purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth $35,000.

iShares S&P 500 Value ETF Trading Up 1.6 %

NYSEARCA IVE opened at $188.81 on Friday. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The stock has a market cap of $36.68 billion, a P/E ratio of 22.06 and a beta of 0.94. The stock’s fifty day moving average price is $194.27 and its 200-day moving average price is $196.20.

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.