iShares S&P 500 Value ETF $IVE Shares Sold by M&T Bank Corp

M&T Bank Corp lessened its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 848,999 shares of the company’s stock after selling 15,196 shares during the quarter. M&T Bank Corp owned approximately 0.42% of iShares S&P 500 Value ETF worth $175,327,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in IVE. FLP Wealth Management LLC boosted its stake in shares of iShares S&P 500 Value ETF by 628.5% during the 3rd quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock worth $3,454,000 after purchasing an additional 14,431 shares during the last quarter. Great Point Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $2,478,000. Detalus Advisors LLC lifted its stake in shares of iShares S&P 500 Value ETF by 3.6% during the third quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock valued at $17,354,000 after buying an additional 2,909 shares during the period. Curbstone Financial Management Corp acquired a new stake in iShares S&P 500 Value ETF during the third quarter worth approximately $564,000. Finally, BIP Wealth LLC grew its stake in iShares S&P 500 Value ETF by 185.4% in the 3rd quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock worth $1,239,000 after acquiring an additional 3,898 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $211.71 on Friday. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $223.05. The company has a market capitalization of $47.83 billion, a PE ratio of 20.70 and a beta of 0.89. The stock has a fifty day moving average of $218.23 and a two-hundred day moving average of $211.64.

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.