VeraBank N.A. Buys Shares of 1,959 iShares S&P 500 Value ETF $IVE

VeraBank N.A. purchased a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,959 shares of the company’s stock, valued at approximately $383,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IVE. Envestnet Asset Management Inc. raised its stake in iShares S&P 500 Value ETF by 12.6% during the second quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock worth $4,100,596,000 after buying an additional 2,339,857 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in iShares S&P 500 Value ETF by 5.5% during the 1st 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 period. Goldman Sachs Group Inc. grew its holdings 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 worth $493,603,000 after acquiring an additional 105,418 shares during the period. Ameriprise Financial Inc. raised its position in shares of iShares S&P 500 Value ETF by 3.7% in the 1st quarter. Ameriprise Financial Inc. now owns 2,546,232 shares of the company’s stock worth $485,361,000 after acquiring an additional 90,856 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in shares of 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 purchasing an additional 114,406 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $211.21 on Wednesday. The stock’s 50-day moving average is $206.35 and its 200 day moving average is $198.57. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $211.83. The firm has a market cap of $43.08 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89.

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.