Quent Capital LLC Sells 191 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Quent Capital LLC decreased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 2,740 shares of the company’s stock after selling 191 shares during the quarter. Quent Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $522,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at about $311,273,000. Envestnet Asset Management Inc. increased its stake in iShares S&P 500 Value ETF by 3.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 13,435,769 shares of the company’s stock valued at $2,564,620,000 after acquiring an additional 493,784 shares during the period. Lido Advisors LLC increased its stake in iShares S&P 500 Value ETF by 46.5% in the fourth quarter. Lido Advisors LLC now owns 1,414,358 shares of the company’s stock valued at $269,973,000 after acquiring an additional 448,773 shares during the period. The Manufacturers Life Insurance Company bought a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at about $41,692,000. Finally, Bank of America Corp DE increased its stake in iShares S&P 500 Value ETF by 2.5% in the fourth quarter. Bank of America Corp DE now owns 8,148,548 shares of the company’s stock valued at $1,555,395,000 after acquiring an additional 200,707 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.1%

NYSEARCA IVE opened at $188.72 on Friday. The stock has a market cap of $37.65 billion, a P/E ratio of 20.88 and a beta of 0.89. The company’s 50-day simple moving average is $183.80 and its 200 day simple moving average is $191.51. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $206.63.

iShares S&P 500 Value ETF Profile

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.