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

AMG National Trust Bank lowered its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,886 shares of the company’s stock after selling 106 shares during the quarter. AMG National Trust Bank’s holdings in iShares S&P 500 Value ETF were worth $1,949,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in IVE. O Shaughnessy Asset Management LLC raised its stake in shares of iShares S&P 500 Value ETF by 16.5% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 7,303 shares of the company’s stock valued at $1,364,000 after buying an additional 1,032 shares during the last quarter. Lake Street Advisors Group LLC purchased a new position in iShares S&P 500 Value ETF during the first quarter valued at approximately $544,000. Mattern Wealth Management LLC lifted its holdings in iShares S&P 500 Value ETF by 1.0% in the first quarter. Mattern Wealth Management LLC now owns 11,131 shares of the company’s stock valued at $2,079,000 after acquiring an additional 110 shares during the period. Sax Wealth Advisors LLC boosted its position in iShares S&P 500 Value ETF by 0.8% in the 1st quarter. Sax Wealth Advisors LLC now owns 19,305 shares of the company’s stock worth $3,606,000 after purchasing an additional 162 shares in the last quarter. Finally, CreativeOne Wealth LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $20,959,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE opened at $200.47 on Tuesday. The company has a 50 day moving average price of $197.20 and a 200-day moving average price of $189.82. iShares S&P 500 Value ETF has a 1-year low of $162.43 and a 1-year high of $203.67. The firm has a market cap of $35.91 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.