Montecito Bank & Trust Sells 130 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Montecito Bank & Trust trimmed its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.2% during the 1st quarter, HoldingsChannel.com reports. The fund owned 5,866 shares of the company’s stock after selling 130 shares during the period. Montecito Bank & Trust’s holdings in iShares S&P 500 Value ETF were worth $1,118,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Ancora Advisors LLC boosted its position in iShares S&P 500 Value ETF by 6.8% during the 4th quarter. Ancora Advisors LLC now owns 5,607 shares of the company’s stock valued at $1,070,000 after acquiring an additional 357 shares in the last quarter. Empowered Funds LLC bought a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $133,000. JMG Financial Group Ltd. boosted its position in iShares S&P 500 Value ETF by 1.8% during the 4th quarter. JMG Financial Group Ltd. now owns 5,136 shares of the company’s stock valued at $980,000 after acquiring an additional 91 shares in the last quarter. Axis Wealth Partners LLC bought a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $1,218,000. Finally, Mosley Wealth Management boosted its position in iShares S&P 500 Value ETF by 10.6% during the 4th quarter. Mosley Wealth Management now owns 19,643 shares of the company’s stock valued at $3,873,000 after acquiring an additional 1,886 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 1.0%

Shares of IVE opened at $190.91 on Monday. The business’s 50 day moving average price is $185.25 and its 200-day moving average price is $190.57. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $206.63. The stock has a market cap of $38.09 billion, a P/E ratio of 20.88 and a beta of 0.89.

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.