Opal Wealth Advisors LLC Trims Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Opal Wealth Advisors LLC decreased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 1.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 41,205 shares of the company’s stock after selling 452 shares during the quarter. iShares S&P 500 Value ETF comprises 2.6% of Opal Wealth Advisors LLC’s portfolio, making the stock its 8th biggest holding. Opal Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $7,698,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Wells Fargo & Company MN boosted its stake in iShares S&P 500 Value ETF by 0.3% during the fourth quarter. Wells Fargo & Company MN now owns 7,565,945 shares of the company’s stock worth $1,315,642,000 after buying an additional 25,641 shares during the period. Envestnet Asset Management Inc. lifted its holdings in iShares S&P 500 Value ETF by 8.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 4,314,163 shares of the company’s stock valued at $750,190,000 after buying an additional 351,478 shares in the last quarter. UBS Group AG raised its stake in shares of iShares S&P 500 Value ETF by 0.4% during the fourth quarter. UBS Group AG now owns 3,558,382 shares of the company’s stock valued at $618,767,000 after acquiring an additional 14,425 shares in the last quarter. Stifel Financial Corp lifted its holdings in shares of iShares S&P 500 Value ETF by 1.2% in the 4th quarter. Stifel Financial Corp now owns 2,195,335 shares of the company’s stock worth $381,746,000 after buying an additional 25,246 shares during the period. Finally, CWM LLC lifted its stake in iShares S&P 500 Value ETF by 228.4% in the first quarter. CWM LLC now owns 1,496,348 shares of the company’s stock worth $279,533,000 after acquiring an additional 1,040,767 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.0 %

Shares of NYSEARCA IVE traded down $0.01 during midday trading on Friday, reaching $182.66. 1,325,505 shares of the company’s stock traded hands, compared to its average volume of 817,247. The company has a market cap of $32.72 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The stock’s 50 day simple moving average is $181.95 and its 200-day simple moving average is $178.87. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $187.24.

About iShares S&P 500 Value ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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