Amundi Acquires 9,200 Shares of iShares S&P 500 Value ETF $IVE

Amundi lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 18.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,900 shares of the company’s stock after purchasing an additional 9,200 shares during the period. Amundi’s holdings in iShares S&P 500 Value ETF were worth $13,601,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Simplex Trading LLC bought a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at about $25,000. Hilton Head Capital Partners LLC bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $25,000. United Services Automobile Association bought a new position in shares of iShares S&P 500 Value ETF in the second quarter worth about $26,000. RMG Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth about $27,000. Finally, Palisade Asset Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth about $29,000.

iShares S&P 500 Value ETF Trading Up 0.9%

Shares of IVE opened at $235.32 on Friday. The business’s 50 day moving average is $234.23 and its 200 day moving average is $225.63. iShares S&P 500 Value ETF has a 12-month low of $202.45 and a 12-month high of $239.93. The company has a market capitalization of $49.73 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.