Centerpoint Advisors LLC Has $16.06 Million Position in iShares S&P 500 Value ETF (IVE)

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Centerpoint Advisors LLC lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 24.4% in the third quarter, Holdings Channel reports. The fund owned 138,648 shares of the company’s stock after selling 44,788 shares during the period. iShares S&P 500 Value ETF makes up approximately 12.7% of Centerpoint Advisors LLC’s portfolio, making the stock its 3rd biggest holding. Centerpoint Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $16,061,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Ropes Wealth Advisors LLC lifted its position in shares of iShares S&P 500 Value ETF by 78.0% during the 2nd quarter. Ropes Wealth Advisors LLC now owns 1,036 shares of the company’s stock worth $114,000 after buying an additional 454 shares during the last quarter. WealthTrust Arizona LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $142,000. Palo Capital Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $149,000. Horrell Capital Management Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter worth approximately $163,000. Finally, Simplex Trading LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $176,000.

Shares of NYSEARCA:IVE opened at $111.38 on Friday. iShares S&P 500 Value ETF has a twelve month low of $105.81 and a twelve month high of $121.12.

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iShares S&P 500 Value ETF Company 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.

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Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE).

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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