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

Castle Wealth Management LLC lessened its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund 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.

Several other institutional investors and hedge funds have also modified their holdings of the business. Stifel Financial Corp lifted its stake in shares of 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 valued at $490,670,000 after purchasing an additional 60,868 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 7.6% in 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 purchasing an additional 139,651 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of iShares S&P 500 Value ETF by 18,046.1% in 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 purchasing an additional 1,326,211 shares during the last quarter. Huntington National Bank lifted its stake in shares of iShares S&P 500 Value ETF by 6.9% in the 3rd quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock valued at $206,225,000 after purchasing an additional 67,448 shares during the last quarter. Finally, Park Avenue Securities LLC raised its holdings in iShares S&P 500 Value ETF by 5.8% in the 4th quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock worth $180,895,000 after acquiring an additional 51,773 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $195.58 on Thursday. The company has a market capitalization of $35.04 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a one year low of $173.01 and a one year high of $206.63. The company’s fifty day moving average price is $194.67 and its 200 day moving average price is $195.36.

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.