Endeavor Private Wealth Inc. decreased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 9.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,933 shares of the company’s stock after selling 5,716 shares during the quarter. iShares S&P 500 Value ETF comprises approximately 2.9% of Endeavor Private Wealth Inc.’s holdings, making the stock its 5th biggest holding. Endeavor Private Wealth Inc.’s holdings in iShares S&P 500 Value ETF were worth $11,792,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in IVE. JPMorgan Chase & Co. raised its holdings in shares of iShares S&P 500 Value ETF by 4.6% during the 4th 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 period. Morgan Stanley grew its position in iShares S&P 500 Value ETF by 7.5% in the fourth quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock valued at $3,240,188,000 after acquiring an additional 1,068,945 shares in the last quarter. Bank of America Corp DE grew its position in iShares S&P 500 Value ETF by 2.0% in the first quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock valued at $1,997,009,000 after acquiring an additional 182,358 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of 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 valued at $1,328,436,000 after purchasing an additional 120,153 shares during the period. Finally, Cetera Investment Advisers lifted its position in shares of iShares S&P 500 Value ETF by 22.5% during the fourth quarter. Cetera Investment Advisers now owns 3,409,979 shares of the company’s stock worth $723,154,000 after purchasing an additional 627,109 shares in the last quarter.
iShares S&P 500 Value ETF Trading Down 0.7%
NYSEARCA IVE opened at $236.80 on Friday. The company’s fifty day simple moving average is $233.58 and its 200-day simple moving average is $225.12. The stock has a market cap of $50.05 billion, a P/E ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 52 week low of $201.22 and a 52 week high of $239.93.
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. 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.
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