iShares S&P 500 Value ETF $IVE Stock Sold by Fifth Third Bancorp

Fifth Third Bancorp reduced its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 511,966 shares of the company’s stock after selling 16,739 shares during the quarter. Fifth Third Bancorp’s holdings in iShares S&P 500 Value ETF were worth $116,871,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Gerber Kawasaki Wealth & Investment Management lifted its stake in iShares S&P 500 Value ETF by 1.9% during the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 2,377 shares of the company’s stock valued at $543,000 after purchasing an additional 44 shares during the last quarter. Client 1ST Advisory Group LLC grew its position in iShares S&P 500 Value ETF by 1.5% in the third quarter. Client 1ST Advisory Group LLC now owns 3,407 shares of the company’s stock worth $778,000 after buying an additional 50 shares during the last quarter. Wealthgarden F.S. LLC grew its position in iShares S&P 500 Value ETF by 0.9% in the first quarter. Wealthgarden F.S. LLC now owns 5,988 shares of the company’s stock worth $1,264,000 after buying an additional 53 shares during the last quarter. CWA Asset Management Group LLC grew its position in iShares S&P 500 Value ETF by 4.5% in the third quarter. CWA Asset Management Group LLC now owns 1,229 shares of the company’s stock worth $280,000 after buying an additional 53 shares during the last quarter. Finally, Aspiriant LLC increased its holdings in shares of iShares S&P 500 Value ETF by 1.3% in the third quarter. Aspiriant LLC now owns 4,489 shares of the company’s stock valued at $1,025,000 after buying an additional 59 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $242.73 on Thursday. iShares S&P 500 Value ETF has a 1 year low of $203.15 and a 1 year high of $244.72. The business’s fifty day moving average is $235.14 and its two-hundred day moving average is $227.05. The stock has a market capitalization of $51.73 billion, a P/E ratio of 22.47 and a beta of 0.82.

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.