First Hawaiian Bank Sells 12,149 Shares of iShares S&P 500 Value ETF $IVE

First Hawaiian Bank decreased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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 2.9% of First Hawaiian Bank’s portfolio, making the stock its 9th biggest position. First Hawaiian Bank’s holdings in iShares S&P 500 Value ETF were worth $21,932,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of IVE. United Services Automobile Association purchased a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at about $26,000. Palisade Asset Management LLC acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $29,000. Center for Financial Planning Inc. purchased a new position in iShares S&P 500 Value ETF in the 3rd quarter worth approximately $32,000. Tripletail Wealth Management LLC acquired a new stake in iShares S&P 500 Value ETF in the third quarter valued at approximately $37,000. Finally, Rossmore Private Capital acquired a new stake in iShares S&P 500 Value ETF in the third quarter valued at approximately $44,000.

iShares S&P 500 Value ETF Stock Down 0.1%

IVE opened at $209.72 on Friday. The firm has a market capitalization of $47.38 billion, a P/E ratio of 20.70 and a beta of 0.89. The firm’s 50 day moving average is $217.92 and its 200-day moving average is $211.86. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $223.05.

About iShares S&P 500 Value ETF

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.