iShares S&P 500 Value ETF $IVE Shares Sold by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. decreased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 26.5% in the 1st quarter, HoldingsChannel reports. The firm owned 16,129 shares of the company’s stock after selling 5,811 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in iShares S&P 500 Value ETF were worth $3,406,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. increased its stake in shares of iShares S&P 500 Value ETF by 4.6% during the fourth quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after acquiring an additional 821,872 shares during the period. Morgan Stanley lifted its position in iShares S&P 500 Value ETF by 7.5% in the fourth quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock worth $3,240,188,000 after purchasing an additional 1,068,945 shares during the period. Wells Fargo & Company MN lifted its position in iShares S&P 500 Value ETF by 2.0% in the fourth quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock worth $1,328,436,000 after purchasing an additional 120,153 shares during the period. Cetera Investment Advisers boosted its stake in iShares S&P 500 Value ETF by 22.5% during the 4th quarter. Cetera Investment Advisers now owns 3,409,979 shares of the company’s stock valued at $723,154,000 after purchasing an additional 627,109 shares in the last quarter. Finally, Stifel Financial Corp increased its position in shares of iShares S&P 500 Value ETF by 7.6% during the 4th quarter. Stifel Financial Corp now owns 3,250,570 shares of the company’s stock valued at $689,349,000 after purchasing an additional 230,880 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $230.73 on Thursday. iShares S&P 500 Value ETF has a 1 year low of $193.90 and a 1 year high of $233.57. The business’s fifty day moving average is $227.91 and its 200-day moving average is $221.13. The stock has a market cap of $48.79 billion, a PE ratio of 20.70 and a beta of 0.82.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.