Castle Wealth Management LLC Has $2 Million Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Castle Wealth Management LLC decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 10,455 shares of the company’s stock after selling 570 shares during the period. Castle Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $1,996,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp boosted its stake in iShares S&P 500 Value ETF by 2.5% in the 3rd quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock worth $490,670,000 after purchasing an additional 60,868 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 7.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after buying an additional 139,651 shares during the period. International Assets Investment Management LLC boosted its stake in shares of iShares S&P 500 Value ETF by 18,046.1% during the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after buying an additional 1,326,211 shares during the period. Huntington National Bank boosted its stake in shares of iShares S&P 500 Value ETF by 6.9% during the 3rd quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock valued at $206,225,000 after buying an additional 67,448 shares during the period. Finally, Park Avenue Securities LLC boosted its stake in shares of iShares S&P 500 Value ETF by 5.8% during the 4th quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock valued at $180,895,000 after buying an additional 51,773 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.3 %

Shares of NYSEARCA:IVE opened at $195.58 on Thursday. The firm has a fifty day moving average of $194.67 and a two-hundred day moving average of $195.36. The firm has a market capitalization of $35.04 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12-month low of $173.01 and a 12-month high of $206.63.

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.