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

On November 4th, 2024, Stephens Inc. AR announced a reduction in its holdings of 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 of the ETF after selling 110 shares in the reviewed period. The estimated worth of Stephens Inc. AR’s investment in the iShares S&P 500 Value ETF stands at approximately $1,939,000.

In addition to Stephens Inc. AR, other large investors have either increased or decreased their stakes in the iShares S&P 500 Value ETF. For instance, Sutton Place Investors LLC boosted its stake by 9.3% in the second quarter, bringing its total to 5,704 shares valued at around $1,038,000 after purchasing an additional 483 shares. Similarly, NBC Securities Inc. expanded its holdings by an impressive 33.3% in the third quarter, acquiring 536 additional shares to reach a total of 2,148 shares worth about $423,000.

Moreover, Financial Partners Group Inc. increased its investment by 2.7% in the second quarter, now owning 2,784 shares valued at $507,000 after buying 74 more shares in that quarter. Ausdal Financial Partners Inc. exhibited a significant growth of 81.0% in the third quarter, owning 46,203 shares valued at approximately $9,110,000 after an acquisition of 20,674 shares. Lastly, Pinkerton Retirement Specialists LLC added 9.5% to its holdings in the first quarter, resulting in a total of 172,362 shares valued at around $32,199,000 after purchasing an additional 14,954 shares.

iShares S&P 500 Value ETF Performance Analysis

The iShares S&P 500 Value ETF opened at $194.77 on Monday. The stock price has seen a fifty-day moving average of $196.05 and a two-hundred-day moving average of $188.39. In the past year, the stock experienced a low of $153.65 and a high of $201.08. The ETF currently has a market capitalization of $34.89 billion, a price-to-earnings ratio of 23.79, and a beta of 0.81, indicating lower volatility compared to the broader market.

About iShares S&P 500 Value ETF

The iShares S&P 500 Value ETF, formerly known as the iShares S&P 500 Value Index Fund, is designed to track investment results that correspond primarily to the price and yield performance of the S&P 500 Value Index. This index comprises large-capitalization stocks in the United States equity market that display the strongest value characteristics.

Stephens, ETF, Shares