US Bancorp DE Reduces Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

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US Bancorp DE reduced its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.4% during the 2nd quarter, Holdings Channel reports. The fund owned 580,716 shares of the company’s stock after selling 46,652 shares during the period. US Bancorp DE’s holdings in iShares S&P 500 Value ETF were worth $67,694,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in IVE. Deutsche Bank AG purchased a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at $130,000. Ironwood Wealth Management LLC. boosted its holdings in iShares S&P 500 Value ETF by 0.7% during the first quarter. Ironwood Wealth Management LLC. now owns 18,007 shares of the company’s stock worth $2,030,000 after buying an additional 124 shares in the last quarter. Chemical Bank purchased a new stake in iShares S&P 500 Value ETF during the first quarter worth $212,000. Farmers National Bank purchased a new stake in iShares S&P 500 Value ETF during the first quarter worth $45,000. Finally, Trustcore Financial Services LLC purchased a new stake in iShares S&P 500 Value ETF during the first quarter worth $108,000.

NYSEARCA IVE traded up $0.04 during mid-day trading on Friday, reaching $120.88. 674,980 shares of the stock were exchanged, compared to its average volume of 812,573. The business’s 50 day moving average is $115.96 and its 200-day moving average is $115.01. iShares S&P 500 Value ETF has a 1 year low of $94.72 and a 1 year high of $121.33.

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.

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Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE).

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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