Keybank National Association OH Sells 8,914 Shares of iShares S&P 500 Value ETF $IVE

Keybank National Association OH trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 193,455 shares of the company’s stock after selling 8,914 shares during the period. Keybank National Association OH owned about 0.09% of iShares S&P 500 Value ETF worth $40,848,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Able Wealth Management LLC boosted its position in iShares S&P 500 Value ETF by 1.2% during the first quarter. Able Wealth Management LLC now owns 10,338 shares of the company’s stock valued at $2,183,000 after purchasing an additional 124 shares during the last quarter. Northwest Financial Advisors increased its position in shares of iShares S&P 500 Value ETF by 4.4% during the 1st quarter. Northwest Financial Advisors now owns 2,137 shares of the company’s stock worth $451,000 after purchasing an additional 90 shares during the last quarter. Horizon Wealth Management LLC increased its position in shares of iShares S&P 500 Value ETF by 7.6% during the 1st quarter. Horizon Wealth Management LLC now owns 79,148 shares of the company’s stock worth $16,712,000 after purchasing an additional 5,599 shares during the last quarter. Financial Life Planners bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $117,000. Finally, Partners Wealth Management LLC raised its stake in shares of iShares S&P 500 Value ETF by 1.4% during the 1st quarter. Partners Wealth Management LLC now owns 11,898 shares of the company’s stock worth $2,512,000 after purchasing an additional 161 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 1.1%

NYSEARCA IVE opened at $230.20 on Friday. The firm has a market capitalization of $48.32 billion, a P/E ratio of 20.70 and a beta of 0.82. The firm’s fifty day moving average price is $225.72 and its two-hundred day moving average price is $219.39. iShares S&P 500 Value ETF has a 1 year low of $193.90 and a 1 year high of $230.26.

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. 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.