Huntington National Bank Trims Stake in iShares S&P 500 Value ETF $IVE

Huntington National Bank trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 537,140 shares of the company’s stock after selling 35,220 shares during the period. Huntington National Bank’s holdings in iShares S&P 500 Value ETF were worth $113,911,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. bought a new stake in iShares S&P 500 Value ETF during the fourth quarter worth about $26,000. United Services Automobile Association bought a new stake in iShares S&P 500 Value ETF during the second quarter worth about $26,000. Palisade Asset Management LLC bought a new stake in iShares S&P 500 Value ETF during the third quarter worth about $29,000. Ransom Advisory Ltd bought a new stake in iShares S&P 500 Value ETF during the fourth quarter worth about $31,000. Finally, Birchbrook Inc. bought a new stake in iShares S&P 500 Value ETF during the fourth quarter worth about $31,000.

iShares S&P 500 Value ETF Stock Up 0.0%

Shares of IVE stock opened at $227.99 on Thursday. The business has a 50-day moving average price of $218.58 and a two-hundred day moving average price of $216.26. iShares S&P 500 Value ETF has a 12-month low of $187.50 and a 12-month high of $228.95. The firm has a market cap of $50.34 billion, a P/E ratio of 20.70 and a beta of 0.83.

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.