Citizens Financial Group Inc. RI Has $14.60 Million Holdings in iShares S&P 500 Value ETF $IVE

Citizens Financial Group Inc. RI grew its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 19.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 69,142 shares of the company’s stock after acquiring an additional 11,213 shares during the period. Citizens Financial Group Inc. RI’s holdings in iShares S&P 500 Value ETF were worth $14,599,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of IVE. Cassaday & Co Wealth Management LLC increased its holdings in iShares S&P 500 Value ETF by 3,286.8% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 1,153,776 shares of the company’s stock worth $244,681,000 after purchasing an additional 1,119,709 shares in the last quarter. Morgan Stanley grew its holdings in shares of iShares S&P 500 Value ETF by 7.5% during the fourth quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock worth $3,240,188,000 after purchasing an additional 1,068,945 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares S&P 500 Value ETF by 4.6% in the fourth quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after buying an additional 821,872 shares during the period. Envestnet Portfolio Solutions Inc. raised its holdings in iShares S&P 500 Value ETF by 47.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock valued at $538,709,000 after buying an additional 816,767 shares during the last quarter. Finally, Park Avenue Securities LLC raised its holdings in iShares S&P 500 Value ETF by 40.4% in the 4th quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock valued at $523,293,000 after buying an additional 710,518 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.3%

NYSEARCA:IVE traded up $0.58 during mid-day trading on Friday, hitting $230.49. 392,038 shares of the company’s stock were exchanged, compared to its average volume of 1,112,593. iShares S&P 500 Value ETF has a fifty-two week low of $193.90 and a fifty-two week high of $232.28. The firm has a market capitalization of $48.63 billion, a P/E ratio of 20.70 and a beta of 0.82. The company has a 50 day simple moving average of $226.88 and a 200-day simple moving average of $220.11.

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.