Henrickson Nauta Wealth Advisors Inc. Cuts Stake in iShares S&P 500 Value ETF $IVE

Henrickson Nauta Wealth Advisors Inc. cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 50.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,748 shares of the company’s stock after selling 3,810 shares during the period. Henrickson Nauta Wealth Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $791,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IVE. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in iShares S&P 500 Value ETF by 96.6% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 223,947 shares of the company’s stock worth $47,492,000 after purchasing an additional 110,058 shares during the last quarter. FLP Wealth Management LLC raised its holdings in shares of iShares S&P 500 Value ETF by 1,182.9% in the fourth quarter. FLP Wealth Management LLC now owns 23,964 shares of the company’s stock worth $5,082,000 after buying an additional 22,096 shares during the last quarter. Centurion Wealth Management LLC lifted its stake in shares of iShares S&P 500 Value ETF by 24.7% during the fourth quarter. Centurion Wealth Management LLC now owns 24,643 shares of the company’s stock worth $5,226,000 after buying an additional 4,876 shares during the period. Cassilly Financial Group LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth $2,294,000. Finally, Ausdal Financial Partners Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 6.1% during the third quarter. Ausdal Financial Partners Inc. now owns 57,523 shares of the company’s stock valued at $11,879,000 after buying an additional 3,328 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $226.38 on Monday. The stock’s fifty day moving average price is $224.14 and its 200 day moving average price is $218.45. iShares S&P 500 Value ETF has a 1 year low of $189.67 and a 1 year high of $230.05. The company has a market cap of $49.98 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.

About iShares S&P 500 Value ETF

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.