AMG National Trust Bank Cuts Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

AMG National Trust Bank trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 9,886 shares of the company’s stock after selling 106 shares during the period. AMG National Trust Bank’s holdings in iShares S&P 500 Value ETF were worth $1,949,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Northwest Investment Counselors LLC purchased a new position in iShares S&P 500 Value ETF during the third quarter valued at $31,000. Valued Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth about $35,000. Addison Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 50.0% in the 2nd quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after buying an additional 93 shares in the last quarter. TruNorth Capital Management LLC acquired a new stake in iShares S&P 500 Value ETF in the 2nd quarter worth about $65,000. Finally, Avondale Wealth Management increased its stake in iShares S&P 500 Value ETF by 24.8% during the 2nd quarter. Avondale Wealth Management now owns 362 shares of the company’s stock worth $66,000 after buying an additional 72 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $200.47 on Tuesday. The stock’s 50 day simple moving average is $197.20 and its 200-day simple moving average is $189.82. The company has a market cap of $35.91 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1-year low of $162.43 and a 1-year high of $203.67.

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.