US Bancorp DE Raises Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

US Bancorp DE grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,399,823 shares of the company’s stock after buying an additional 65,445 shares during the period. US Bancorp DE’s holdings in iShares S&P 500 Value ETF were worth $243,415,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC raised its position in iShares S&P 500 Value ETF by 700.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 160 shares of the company’s stock worth $25,000 after buying an additional 140 shares during the last quarter. First Pacific Financial purchased a new position in iShares S&P 500 Value ETF during the 4th quarter worth approximately $30,000. Sound Income Strategies LLC purchased a new position in iShares S&P 500 Value ETF during the 4th quarter worth approximately $35,000. Wetzel Investment Advisors Inc. purchased a new position in iShares S&P 500 Value ETF during the 4th quarter worth approximately $35,000. Finally, Headlands Technologies LLC raised its position in iShares S&P 500 Value ETF by 67.4% during the 3rd quarter. Headlands Technologies LLC now owns 231 shares of the company’s stock worth $36,000 after buying an additional 93 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE traded down $2.46 during mid-day trading on Thursday, reaching $182.91. 297,663 shares of the stock were exchanged, compared to its average volume of 868,339. The company has a market capitalization of $32.77 billion, a P/E ratio of 23.79 and a beta of 0.81. The business’s 50 day moving average is $182.45 and its 200-day moving average is $175.66. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $187.24.

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.