US Bancorp DE Sells 82,113 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

US Bancorp DE trimmed its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,478,004 shares of the company’s stock after selling 82,113 shares during the period. US Bancorp DE owned about 0.83% of iShares S&P 500 Value ETF worth $291,418,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of IVE. Palisade Asset Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the first quarter valued at about $26,000. CarsonAllaria Wealth Management Ltd. increased its position in iShares S&P 500 Value ETF by 289.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares during the period. Northwest Investment Counselors LLC bought a new position in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $31,000. Addison Advisors LLC lifted its position in shares of iShares S&P 500 Value ETF by 50.0% in the 2nd quarter. Addison Advisors LLC now owns 279 shares of the company’s stock worth $51,000 after purchasing an additional 93 shares during the period. Finally, TruNorth Capital Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at $65,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE traded down $0.50 during mid-day trading on Thursday, reaching $195.39. 117,603 shares of the stock were exchanged, compared to its average volume of 679,267. The stock has a market cap of $35.00 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a one year low of $149.61 and a one year high of $201.08. The stock has a 50 day simple moving average of $195.96 and a 200-day simple moving average of $188.06.

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.