SouthState Bank Corp Lowers Stock Holdings in iShares S&P 500 Value ETF $IVE

SouthState Bank Corp cut its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 68.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 4,456 shares of the company’s stock after selling 9,660 shares during the period. SouthState Bank Corp’s holdings in iShares S&P 500 Value ETF were worth $920,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Brighton Jones LLC boosted its stake in iShares S&P 500 Value ETF by 0.8% in the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after buying an additional 112 shares during the last quarter. Great Lakes Advisors LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 6,385.7% during the 1st quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock worth $83,000 after acquiring an additional 447 shares during the period. QRG Capital Management Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 48.1% during the 2nd quarter. QRG Capital Management Inc. now owns 2,714 shares of the company’s stock worth $530,000 after acquiring an additional 881 shares during the period. DAVENPORT & Co LLC boosted its position in shares of iShares S&P 500 Value ETF by 13.1% in the second quarter. DAVENPORT & Co LLC now owns 6,721 shares of the company’s stock worth $1,313,000 after acquiring an additional 781 shares during the last quarter. Finally, Clear Creek Financial Management LLC grew its holdings in iShares S&P 500 Value ETF by 15.6% in the second quarter. Clear Creek Financial Management LLC now owns 11,924 shares of the company’s stock valued at $2,330,000 after purchasing an additional 1,611 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $219.01 on Friday. The firm has a market capitalization of $49.47 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $221.70. The company has a 50 day moving average price of $214.72 and a 200 day moving average price of $208.07.

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. 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.