Keybank National Association OH Sells 8,914 Shares of iShares S&P 500 Value ETF $IVE

Keybank National Association OH lessened its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 193,455 shares of the company’s stock after selling 8,914 shares during the period. Keybank National Association OH’s holdings in iShares S&P 500 Value ETF were worth $40,848,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in iShares S&P 500 Value ETF by 4.6% during the 4th quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock worth $3,975,941,000 after purchasing an additional 821,872 shares during the last quarter. Morgan Stanley grew its holdings in iShares S&P 500 Value ETF by 7.5% in the 4th quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock valued at $3,240,188,000 after buying an additional 1,068,945 shares in the last quarter. Bank of America Corp DE increased its position in iShares S&P 500 Value ETF by 0.9% during the 3rd quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock worth $1,734,056,000 after buying an additional 72,040 shares during the period. Wells Fargo & Company MN increased its position in iShares S&P 500 Value ETF by 2.0% during the 4th quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock worth $1,328,436,000 after buying an additional 120,153 shares during the period. Finally, UBS Group AG increased its position in iShares S&P 500 Value ETF by 1.0% during the 3rd quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock worth $744,423,000 after buying an additional 37,372 shares during the period.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $230.20 on Friday. The stock has a fifty day moving average of $225.72 and a 200-day moving average of $219.39. The company has a market capitalization of $48.32 billion, a P/E ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a fifty-two week low of $193.90 and a fifty-two week high of $230.26.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.