Citizens Financial Group Inc. RI boosted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 19.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 69,142 shares of the company’s stock after buying an additional 11,213 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in iShares S&P 500 Value ETF were worth $14,599,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Rockwood Wealth Management LLC raised its position in shares of iShares S&P 500 Value ETF by 2.7% during the first quarter. Rockwood Wealth Management LLC now owns 1,785 shares of the company’s stock worth $377,000 after acquiring an additional 47 shares during the last quarter. Flagship Private Wealth LLC increased its position in iShares S&P 500 Value ETF by 1.1% during the 4th quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock valued at $901,000 after purchasing an additional 48 shares during the period. Patten & Patten Inc. TN increased its position in iShares S&P 500 Value ETF by 4.8% during the 4th quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock valued at $222,000 after purchasing an additional 48 shares during the period. Bernardo Wealth Planning LLC raised its holdings in iShares S&P 500 Value ETF by 0.5% during the 4th quarter. Bernardo Wealth Planning LLC now owns 9,495 shares of the company’s stock worth $2,014,000 after purchasing an additional 49 shares during the last quarter. Finally, Stegner Investment Associates Inc. lifted its position in shares of iShares S&P 500 Value ETF by 0.3% in the 4th quarter. Stegner Investment Associates Inc. now owns 16,304 shares of the company’s stock worth $3,457,000 after purchasing an additional 49 shares during the period.
iShares S&P 500 Value ETF Stock Performance
Shares of NYSEARCA:IVE traded up $0.58 during trading on Friday, reaching $230.49. The stock had a trading volume of 392,038 shares, compared to its average volume of 1,112,593. The firm’s fifty day moving average is $226.88 and its 200 day moving average is $220.11. iShares S&P 500 Value ETF has a 52 week low of $193.90 and a 52 week high of $232.28. The stock has a market cap of $48.63 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.
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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