iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Cambridge Trust Co.

Cambridge Trust Co. reduced its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 47.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,384 shares of the company’s stock after selling 1,263 shares during the quarter. Cambridge Trust Co.’s holdings in iShares S&P 500 Value ETF were worth $259,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its stake in iShares S&P 500 Value ETF by 5.1% during the first quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock worth $3,320,751,000 after purchasing an additional 861,704 shares during the last quarter. Wells Fargo & Company MN lifted its stake in iShares S&P 500 Value ETF by 0.3% during the fourth quarter. Wells Fargo & Company MN now owns 7,565,945 shares of the company’s stock worth $1,315,642,000 after purchasing an additional 25,641 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares S&P 500 Value ETF by 8.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 4,314,163 shares of the company’s stock worth $750,190,000 after purchasing an additional 351,478 shares during the last quarter. UBS Group AG lifted its stake in iShares S&P 500 Value ETF by 0.4% during the fourth quarter. UBS Group AG now owns 3,558,382 shares of the company’s stock worth $618,767,000 after purchasing an additional 14,425 shares during the last quarter. Finally, Stifel Financial Corp lifted its stake in iShares S&P 500 Value ETF by 1.2% during the fourth quarter. Stifel Financial Corp now owns 2,195,335 shares of the company’s stock worth $381,746,000 after purchasing an additional 25,246 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE traded down $2.62 on Friday, reaching $186.65. The stock had a trading volume of 984,447 shares, compared to its average volume of 768,872. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $191.93. The business’s 50-day moving average price is $184.22 and its 200 day moving average price is $181.48. The stock has a market cap of $33.44 billion, a P/E ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF 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.