iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp trimmed its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.5% during the fourth quarter, HoldingsChannel reports. The fund owned 263,429 shares of the company’s stock after selling 24,511 shares during the quarter. Fifth Third Bancorp’s holdings in iShares S&P 500 Value ETF were worth $50,283,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in IVE. Stifel Financial Corp lifted its position in shares of iShares S&P 500 Value ETF by 2.5% during the third quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock worth $490,670,000 after purchasing an additional 60,868 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in iShares S&P 500 Value ETF by 7.6% during 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 buying an additional 139,651 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in iShares S&P 500 Value ETF by 18,046.1% during the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after buying an additional 1,326,211 shares during the last quarter. Huntington National Bank grew its position in shares of iShares S&P 500 Value ETF by 6.9% in the 3rd quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock worth $206,225,000 after acquiring an additional 67,448 shares in the last quarter. Finally, Park Avenue Securities LLC increased its holdings in shares of iShares S&P 500 Value ETF by 5.8% in the 4th quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock valued at $180,895,000 after acquiring an additional 51,773 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $196.15 on Friday. The stock has a market capitalization of $35.14 billion, a PE ratio of 23.79 and a beta of 0.81. The business’s fifty day moving average price is $196.45 and its 200 day moving average price is $194.36. iShares S&P 500 Value ETF has a 12-month low of $173.01 and a 12-month high of $206.63.

About iShares S&P 500 Value ETF

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.