Synovus Financial Corp Trims Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Synovus Financial Corp lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,832 shares of the company’s stock after selling 514 shares during the period. Synovus Financial Corp’s holdings in iShares S&P 500 Value ETF were worth $2,333,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in IVE. International Assets Investment Management LLC boosted its stake in iShares S&P 500 Value ETF by 18,046.1% during the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after acquiring an additional 1,326,211 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of iShares S&P 500 Value ETF during the second quarter valued at approximately $82,555,000. Envestnet Asset Management Inc. boosted its position in shares of iShares S&P 500 Value ETF by 3.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock worth $2,253,356,000 after purchasing an additional 420,007 shares in the last quarter. Liberty Wealth Management LLC grew its stake in shares of iShares S&P 500 Value ETF by 618.4% in the 2nd quarter. Liberty Wealth Management LLC now owns 411,954 shares of the company’s stock worth $74,980,000 after buying an additional 354,613 shares during the last quarter. Finally, Koss Olinger Consulting LLC bought a new position in iShares S&P 500 Value ETF during the 2nd quarter valued at approximately $55,903,000.

iShares S&P 500 Value ETF Trading Down 0.3 %

iShares S&P 500 Value ETF stock opened at $197.98 on Monday. iShares S&P 500 Value ETF has a 12 month low of $170.13 and a 12 month high of $206.63. The business’s fifty day simple moving average is $199.94 and its two-hundred day simple moving average is $192.47. The company has a market capitalization of $35.47 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.