M&T Bank Corp Trims Stock Position in iShares S&P 500 Value ETF $IVE

M&T Bank Corp lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.8% during the third quarter, Holdings Channel.com reports. The fund owned 848,999 shares of the company’s stock after selling 15,196 shares during the quarter. M&T Bank Corp’s holdings in iShares S&P 500 Value ETF were worth $175,327,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. REAP Financial Group LLC boosted its stake in shares of 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 buying an additional 48 shares during the last quarter. Dumont & Blake Investment Advisors LLC increased its position in shares of iShares S&P 500 Value ETF by 0.5% in the third quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock valued at $2,229,000 after acquiring an additional 49 shares during the last quarter. Signal Advisors Wealth LLC raised its holdings 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 worth $1,861,000 after acquiring an additional 51 shares in the last quarter. Rossby Financial LCC raised its holdings 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 acquiring an additional 53 shares in the last quarter. Finally, CPC Advisors LLC boosted its position 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 valued at $259,000 after purchasing an additional 59 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 0.1%

IVE stock opened at $211.71 on Friday. The company has a market cap of $47.83 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $223.05. The business has a 50 day moving average price of $218.23 and a two-hundred day moving average price of $211.64.

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.