UMB Bank n.a. Cuts Stake in iShares S&P 500 Value ETF $IVE

UMB Bank n.a. cut its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 56,766 shares of the company’s stock after selling 5,804 shares during the quarter. UMB Bank n.a.’s holdings in iShares S&P 500 Value ETF were worth $11,723,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its stake in iShares S&P 500 Value ETF by 12.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock valued at $4,100,596,000 after purchasing an additional 2,339,857 shares in the last quarter. Laurel Wealth Advisors LLC lifted its stake in shares of iShares S&P 500 Value ETF by 19,441.2% in the second quarter. Laurel Wealth Advisors LLC now owns 1,215,465 shares of the company’s stock worth $237,526,000 after buying an additional 1,209,245 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 19.0% during the second quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock valued at $591,818,000 after buying an additional 484,782 shares during the last quarter. EP Wealth Advisors LLC grew its holdings in shares of iShares S&P 500 Value ETF by 795.8% during the second quarter. EP Wealth Advisors LLC now owns 373,966 shares of the company’s stock valued at $73,081,000 after buying an additional 332,218 shares during the last quarter. Finally, MML Investors Services LLC grew its holdings in shares of iShares S&P 500 Value ETF by 19.9% during the second quarter. MML Investors Services LLC now owns 1,396,052 shares of the company’s stock valued at $272,817,000 after buying an additional 231,828 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.3%

Shares of IVE opened at $217.24 on Friday. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $218.44. The company has a market capitalization of $49.14 billion, a P/E ratio of 20.70 and a beta of 0.89. The firm has a 50 day moving average of $213.92 and a 200 day moving average of $207.52.

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. 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.