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

On November 4, 2024, it was reported that Stephens Inc. AR has decreased its investment in the iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.1% during the third quarter. According to their latest filing with the Securities and Exchange Commission, the firm now holds 9,836 shares after selling 110 shares in that period. As per the recent SEC filing, Stephens Inc. AR's holdings in this ETF are valued at approximately $1,939,000.

Additionally, other significant 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, bringing their total to 5,704 shares, or about $1,038,000 after acquiring an additional 483 shares. Meanwhile, NBC Securities Inc. saw a 33.3% increase in their holdings during the third quarter, now owning 2,148 shares worth around $423,000 after purchasing 536 more shares in the last quarter.

Financial Partners Group Inc. increased its investment by 2.7% in the second quarter, now holding 2,784 shares valued at $507,000 after buying 74 additional shares. Conversely, Ausdal Financial Partners Inc. made a notable move, growing their share count by 81.0% in the third quarter, resulting in a total of 46,203 shares valued at $9,110,000 after acquiring 20,674 shares.

Pinkerton Retirement Specialists LLC also increased its stake by 9.5% in the first quarter, now owning 172,362 shares worth approximately $32,199,000 after buying 14,954 shares in the last quarter.

Performance of iShares S&P 500 Value ETF

As of Monday, shares of the iShares S&P 500 Value ETF opened at $194.77. The stock has a fifty-day moving average of $196.05 and a two-hundred-day moving average of $188.39. The ETF has recorded a yearly range with a low of $153.65 and a high of $201.08. It currently holds a market capitalization of $34.89 billion, a price-to-earnings ratio of 23.79, and a beta of 0.81.

Overview of iShares S&P 500 Value ETF

The iShares S&P 500 Value ETF, previously known as the iShares S&P 500 Value Index Fund, is an exchange-traded fund aimed at matching the price and yield performance of the S&P 500 Value Index. This index encompasses stocks from the S&P 500 that exhibit strong value characteristics, representing the large-cap value sector of the United States equity market.

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Stephens, Investment, ETF