iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Purchased by Montecito Bank & Trust

Montecito Bank & Trust boosted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,281 shares of the company’s stock after buying an additional 213 shares during the period. Montecito Bank & Trust’s holdings in iShares S&P 500 Value ETF were worth $1,238,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. Advisory Services Network LLC boosted its position in shares of iShares S&P 500 Value ETF by 51.4% during the 1st quarter. Advisory Services Network LLC now owns 35,776 shares of the company’s stock worth $6,683,000 after purchasing an additional 12,147 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in shares of iShares S&P 500 Value ETF by 503.8% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 1,377,642 shares of the company’s stock valued at $257,357,000 after buying an additional 1,149,497 shares in the last quarter. Stokes Family Office LLC raised its holdings in shares of iShares S&P 500 Value ETF by 5,961.4% in the 1st quarter. Stokes Family Office LLC now owns 72,131 shares of the company’s stock valued at $13,475,000 after buying an additional 70,941 shares during the period. Hilltop National Bank acquired a new position in iShares S&P 500 Value ETF during the 1st quarter worth about $1,222,000. Finally, Guardian Asset Advisors LLC purchased a new position in iShares S&P 500 Value ETF during the 1st quarter valued at about $530,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $201.19 on Thursday. The company has a market cap of $36.04 billion, a P/E ratio of 23.79 and a beta of 0.81. The stock has a 50-day moving average of $196.26 and a two-hundred day moving average of $188.73. iShares S&P 500 Value ETF has a 1-year low of $155.79 and a 1-year high of $201.49.

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.