Cullen Frost Bankers Inc. Lowers Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Cullen Frost Bankers Inc. reduced its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 1.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 91,730 shares of the company’s stock after selling 1,366 shares during the period. Cullen Frost Bankers Inc.’s holdings in iShares S&P 500 Value ETF were worth $17,482,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Pinney & Scofield Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $26,000. Cloud Capital Management LLC purchased a new position in iShares S&P 500 Value ETF in the first quarter worth approximately $27,000. IMG Wealth Management Inc. purchased a new position in iShares S&P 500 Value ETF in the first quarter worth approximately $34,000. SJS Investment Consulting Inc. purchased a new position in iShares S&P 500 Value ETF in the first quarter worth approximately $37,000. Finally, Fourth Dimension Wealth LLC purchased a new position in iShares S&P 500 Value ETF in the first quarter worth approximately $38,000.

iShares S&P 500 Value ETF Trading Down 1.0%

iShares S&P 500 Value ETF stock opened at $195.88 on Wednesday. The stock has a market cap of $39.25 billion, a P/E ratio of 20.70 and a beta of 0.94. The company has a fifty day simple moving average of $191.83 and a 200-day simple moving average of $190.22. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $206.63.

iShares S&P 500 Value ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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