Trust Co. of Toledo NA OH Takes $1.35 Million Position in iShares S&P 500 Value ETF $IVE

Trust Co. of Toledo NA OH purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the second quarter, Holdings Channel reports. The fund purchased 6,886 shares of the company’s stock, valued at approximately $1,346,000.

A number of other institutional investors and hedge funds have also made changes to their positions in IVE. Envestnet Asset Management Inc. increased its stake in iShares S&P 500 Value ETF by 38.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 18,643,646 shares of the company’s stock worth $3,553,106,000 after buying an additional 5,207,877 shares during the period. JPMorgan Chase & Co. increased its stake 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 buying an additional 922,557 shares during the period. Goldman Sachs Group Inc. increased its stake 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 buying an additional 105,418 shares during the period. Ameriprise Financial Inc. increased its stake in iShares S&P 500 Value ETF by 3.7% during the 1st quarter. Ameriprise Financial Inc. now owns 2,546,232 shares of the company’s stock worth $485,361,000 after buying an additional 90,856 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in iShares S&P 500 Value ETF by 5.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,257,076 shares of the company’s stock worth $430,153,000 after buying an additional 114,406 shares during the period.

iShares S&P 500 Value ETF Stock Down 2.2%

Shares of IVE opened at $202.52 on Friday. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $209.12. The firm’s 50 day moving average price is $203.21 and its 200 day moving average price is $193.98. The company has a market cap of $40.93 billion, a P/E ratio of 20.70 and a beta of 0.94.

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.