iShares S&P 500 Value ETF $IVE Shares Sold by First Merchants Corp

First Merchants Corp decreased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 105,938 shares of the company’s stock after selling 667 shares during the period. First Merchants Corp owned about 0.05% of iShares S&P 500 Value ETF worth $20,702,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Cloud Capital Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth $27,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth $29,000. Nemes Rush Group LLC lifted its position in shares of iShares S&P 500 Value ETF by 625.0% during the 1st quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares during the last quarter. Flaharty Asset Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth $33,000. Finally, IMG Wealth Management Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth $34,000.

iShares S&P 500 Value ETF Trading Up 0.3%

iShares S&P 500 Value ETF stock opened at $208.47 on Thursday. The stock has a market cap of $42.12 billion, a P/E ratio of 20.70 and a beta of 0.94. The company has a fifty day simple moving average of $202.85 and a 200-day simple moving average of $193.80. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $209.12.

iShares S&P 500 Value ETF Company 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.