iShares S&P 500 Value ETF $IVE Position Decreased by Bank of Stockton

Bank of Stockton lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 20.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 32,900 shares of the company’s stock after selling 8,456 shares during the period. iShares S&P 500 Value ETF makes up about 2.2% of Bank of Stockton’s portfolio, making the stock its 9th largest position. Bank of Stockton’s holdings in iShares S&P 500 Value ETF were worth $7,510,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the company. RMG Wealth Management LLC purchased a new stake in iShares S&P 500 Value ETF during the first quarter valued at approximately $27,000. Sankala Group LLC acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $35,000. Indiana Trust & Investment Management Co boosted its stake in iShares S&P 500 Value ETF by 107.6% in the first quarter. Indiana Trust & Investment Management Co now owns 191 shares of the company’s stock valued at $40,000 after acquiring an additional 99 shares in the last quarter. First Bancorp Inc ME purchased a new position in iShares S&P 500 Value ETF in the second quarter worth $45,000. Finally, Pension & Wealth Management Advisors Inc. grew its holdings in iShares S&P 500 Value ETF by 41.8% in the third quarter. Pension & Wealth Management Advisors Inc. now owns 251 shares of the company’s stock worth $57,000 after purchasing an additional 74 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.1%

NYSEARCA IVE opened at $235.16 on Tuesday. The firm’s fifty day simple moving average is $234.39 and its two-hundred day simple moving average is $228.93. The firm has a market capitalization of $49.76 billion, a P/E ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 12-month low of $203.15 and a 12-month high of $239.93.

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.