Idaho Trust Bank Sells 215 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Idaho Trust Bank lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,706 shares of the company’s stock after selling 215 shares during the quarter. Idaho Trust Bank’s holdings in iShares S&P 500 Value ETF were worth $1,089,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of IVE. Stifel Financial Corp boosted its stake in iShares S&P 500 Value ETF by 2.5% during the third quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock worth $490,670,000 after buying an additional 60,868 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of iShares S&P 500 Value ETF by 8.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock valued at $408,993,000 after acquiring an additional 167,028 shares in the last quarter. 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. Huntington National Bank raised its position in iShares S&P 500 Value ETF by 6.9% in the third quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock worth $206,225,000 after purchasing an additional 67,448 shares in the last quarter. Finally, Park Avenue Securities LLC lifted its stake in iShares S&P 500 Value ETF by 5.8% during the fourth quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock worth $180,895,000 after purchasing an additional 51,773 shares during the period.

iShares S&P 500 Value ETF Trading Down 1.4 %

NYSEARCA IVE opened at $188.32 on Wednesday. iShares S&P 500 Value ETF has a 1-year low of $176.09 and a 1-year high of $206.63. The stock’s 50 day moving average is $194.48 and its two-hundred day moving average is $196.36. The company has a market capitalization of $36.58 billion, a price-to-earnings ratio of 22.06 and a beta of 0.94.

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.