Centurion Wealth Management LLC Buys 4,876 Shares of iShares S&P 500 Value ETF $IVE

Centurion Wealth Management LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 24.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,643 shares of the company’s stock after purchasing an additional 4,876 shares during the quarter. iShares S&P 500 Value ETF makes up about 1.1% of Centurion Wealth Management LLC’s holdings, making the stock its 22nd biggest holding. Centurion Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $5,226,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. United Services Automobile Association bought a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at about $26,000. Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF during the third quarter valued at about $29,000. Ransom Advisory Ltd bought a new position in iShares S&P 500 Value ETF in the fourth quarter worth about $31,000. Center for Financial Planning Inc. bought a new position in iShares S&P 500 Value ETF in the third quarter worth about $32,000. Finally, Tripletail Wealth Management LLC purchased a new stake in iShares S&P 500 Value ETF in the third quarter worth about $37,000.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $207.57 on Monday. The stock’s 50 day simple moving average is $216.98 and its two-hundred day simple moving average is $212.26. The stock has a market cap of $46.89 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $223.05.

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.