iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Purchased by Bank of Hawaii

Bank of Hawaii boosted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,831 shares of the company’s stock after acquiring an additional 237 shares during the quarter. Bank of Hawaii’s holdings in iShares S&P 500 Value ETF were worth $2,727,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its stake in shares of iShares S&P 500 Value ETF by 3.5% during the second quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock worth $2,253,356,000 after acquiring an additional 420,007 shares during the period. LPL Financial LLC raised its stake in shares of iShares S&P 500 Value ETF by 4.9% during the 2nd quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock worth $775,111,000 after buying an additional 200,427 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of iShares S&P 500 Value ETF by 7.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after buying an additional 139,651 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 3.4% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,424,716 shares of the company’s stock valued at $259,313,000 after buying an additional 47,074 shares during the period. Finally, Cetera Investment Advisers boosted its stake in shares of iShares S&P 500 Value ETF by 905.6% in the first quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock valued at $263,498,000 after buying an additional 1,270,256 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $203.74 on Monday. The business’s fifty day moving average price is $198.01 and its 200 day moving average price is $190.53. The firm has a market capitalization of $36.50 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 $163.68 and a 1-year high of $204.00.

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.