Private Trust Co. NA Boosts Stock Holdings in iShares S&P 500 Value ETF $IVE

Private Trust Co. NA grew its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.0% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 8,341 shares of the company’s stock after buying an additional 471 shares during the quarter. Private Trust Co. NA’s holdings in iShares S&P 500 Value ETF were worth $1,630,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 38.8% during the first quarter. Envestnet Asset Management Inc. now owns 18,643,646 shares of the company’s stock worth $3,553,106,000 after buying an additional 5,207,877 shares in the last quarter. JPMorgan Chase & Co. boosted its position in iShares S&P 500 Value ETF by 5.5% during the first quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock worth $3,387,781,000 after acquiring an additional 922,557 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in iShares S&P 500 Value ETF by 4.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,590,004 shares of the company’s stock valued at $493,603,000 after acquiring an additional 105,418 shares in the last quarter. Ameriprise Financial Inc. grew its stake in iShares S&P 500 Value ETF by 3.7% during the 1st quarter. Ameriprise Financial Inc. now owns 2,546,232 shares of the company’s stock valued at $485,361,000 after acquiring an additional 90,856 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in iShares S&P 500 Value ETF by 5.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,257,076 shares of the company’s stock valued at $430,153,000 after acquiring an additional 114,406 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $206.01 on Friday. The stock has a market cap of $41.63 billion, a P/E ratio of 20.70 and a beta of 0.94. The stock’s 50 day simple moving average is $204.05 and its 200-day simple moving average is $194.49. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $209.12.

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.