Stephens Inc. AR Reduces Stake in iShares S&P 500 Value ETF

On November 4, 2024, Stephens Inc. AR announced a decrease in its holdings in the iShares S&P 500 Value ETF (NYSEARCA: IVE) by 1.1% during the third quarter. This was disclosed in the firm’s most recent filing with the Securities and Exchange Commission (SEC). After selling 110 shares, Stephens Inc. AR now owns 9,836 shares of the ETF, which were valued at approximately $1,939,000 as of the filing.

In addition to Stephens Inc.’s actions, other major investors have also adjusted their positions in the iShares S&P 500 Value ETF. For instance, Sutton Place Investors LLC increased its stake by 9.3% in the second quarter, now owning 5,704 shares valued at $1,038,000 following an addition of 483 shares. Moreover, NBC Securities Inc. raised its holdings by 33.3% during the third quarter, acquiring an additional 536 shares to bring its total to 2,148, worth $423,000.

Furthermore, Financial Partners Group Inc. saw an increase of 2.7% in its holdings, now holding 2,784 shares valued at $507,000 after purchasing 74 more shares. Ausdal Financial Partners Inc. reported an even more significant jump, boosting its stake by 81.0% in the third quarter, reaching a total of 46,203 shares, valued at $9,110,000 after a purchase of 20,674 shares. Additionally, Pinkerton Retirement Specialists LLC raised its holdings by 9.5% in the first quarter, which now totals 172,362 shares valued at $32,199,000 after adding 14,954 shares.

Current Price Performance of iShares S&P 500 Value ETF

As of Monday, the price of the iShares S&P 500 Value ETF (NYSEARCA: IVE) was $194.77. The ETF’s fifty-day moving average stands at $196.05, while the two-hundred-day moving average is $188.39. Over the past year, the ETF reached a low of $153.65 and a high of $201.08. It currently has a market capitalization of $34.89 billion, a price-to-earnings ratio of 23.79, and a beta of 0.81, indicating relatively lower volatility compared to the broader market.

About iShares S&P 500 Value ETF

The iShares S&P 500 Value ETF aims to track the performance of the S&P 500 Value Index. This index represents the large-cap value sector of the United States equity market, specifically targeting stocks exhibiting strong value characteristics.

Stephens, iShares, ETF