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

Stephens Inc. AR has decreased its investment in the iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.1% during the third quarter of 2024. This decision was revealed in the firm’s recent submission to the Securities and Exchange Commission. Post-transaction, Stephens Inc. holds 9,836 shares of the ETF, following the sale of 110 shares. According to their latest filing, the total value of their holdings amounted to $1,939,000.

Alongside Stephens Inc., several other significant investors have made adjustments to 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. They now possess 5,704 shares valued at $1,038,000 after adding 483 shares. Similarly, NBC Securities Inc. boosted its holdings by 33.3% in the third quarter, acquiring an additional 536 shares to bring its total to 2,148 shares worth $423,000. Financial Partners Group Inc. also saw growth, increasing their stake by 2.7% in the second quarter with a total of 2,784 shares valued at $507,000 after purchasing an additional 74 shares.

Another notable increase came from Ausdal Financial Partners Inc., which grew its position dramatically by 81.0% during the third quarter. They now hold 46,203 shares valued at $9,110,000 after acquiring 20,674 shares. Pinkerton Retirement Specialists LLC also expanded its holdings by 9.5% during the first quarter, now owning 172,362 shares valued at $32,199,000 after purchasing an additional 14,954 shares.

Performance of iShares S&P 500 Value ETF

As of November 4, 2024, shares of the iShares S&P 500 Value ETF opened at $194.77. The ETF has a fifty-day moving average of $196.05 and a two-hundred day moving average of $188.39. Over the past year, it has experienced a low of $153.65 and a high of $201.08. The fund boasts a market capitalization of $34.89 billion, a price-to-earnings ratio of 23.79, and a beta value of 0.81, indicating its relative volatility compared to the market.

About iShares S&P 500 Value ETF

The iShares S&P 500 Value ETF aims to replicate the price and yield performance of the S&P 500 Value Index. This index tracks the performance of large-cap stocks in the U.S. equity market that exhibit strong value characteristics.

Stephens, iShares, ETF