iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by AMG National Trust Bank

AMG National Trust Bank trimmed its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,591 shares of the company’s stock after selling 295 shares during the quarter. AMG National Trust Bank’s holdings in iShares S&P 500 Value ETF were worth $1,830,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $311,273,000. USA Financial Formulas purchased a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $77,191,000. PNC Financial Services Group Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 7.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after acquiring an additional 139,651 shares during the period. Kovitz Investment Group Partners LLC grew its position in shares of iShares S&P 500 Value ETF by 28.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock worth $120,955,000 after acquiring an additional 136,769 shares during the last quarter. Finally, World Investment Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF by 1,511.5% in the 3rd quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock valued at $22,220,000 after acquiring an additional 105,334 shares during the period.

iShares S&P 500 Value ETF Price Performance

IVE stock opened at $194.14 on Friday. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The company has a market cap of $35.41 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95. The company has a fifty day moving average price of $194.52 and a 200 day moving average price of $196.32.

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.