iShares S&P 500 Value ETF $IVE Position Lowered by First Hawaiian Bank

First Hawaiian Bank reduced its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,421 shares of the company’s stock after selling 12,149 shares during the period. iShares S&P 500 Value ETF makes up approximately 2.9% of First Hawaiian Bank’s holdings, making the stock its 9th largest holding. First Hawaiian Bank’s holdings in iShares S&P 500 Value ETF were worth $21,932,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. REAP Financial Group LLC increased its position in iShares S&P 500 Value ETF by 9.7% during the 3rd quarter. REAP Financial Group LLC now owns 542 shares of the company’s stock worth $112,000 after purchasing an additional 48 shares in the last quarter. Dumont & Blake Investment Advisors LLC lifted its position in iShares S&P 500 Value ETF by 0.5% during the third quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock valued at $2,229,000 after buying an additional 49 shares in the last quarter. Signal Advisors Wealth LLC lifted its position in iShares S&P 500 Value ETF by 0.6% during the third quarter. Signal Advisors Wealth LLC now owns 9,010 shares of the company’s stock valued at $1,861,000 after buying an additional 51 shares in the last quarter. Rossby Financial LCC grew its stake in iShares S&P 500 Value ETF by 7.5% during the third quarter. Rossby Financial LCC now owns 757 shares of the company’s stock worth $157,000 after buying an additional 53 shares during the period. Finally, CPC Advisors LLC grew its stake in iShares S&P 500 Value ETF by 4.9% during the third quarter. CPC Advisors LLC now owns 1,255 shares of the company’s stock worth $259,000 after buying an additional 59 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.1%

iShares S&P 500 Value ETF stock opened at $209.72 on Friday. The firm has a fifty day moving average of $217.92 and a 200-day moving average of $211.86. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $223.05. The firm has a market capitalization of $47.38 billion, a P/E ratio of 20.70 and a beta of 0.89.

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.