OLD National Bancorp IN lowered its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 4.1% in the fourth quarter, Holdings Channel reports. The firm owned 10,181 shares of the company’s stock after selling 432 shares during the period. OLD National Bancorp IN’s holdings in iShares S&P 500 Value ETF were worth $1,770,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of IVE. Capital Investment Advisors LLC purchased a new stake in iShares S&P 500 Value ETF during the 3rd quarter valued at about $284,000. 1900 Wealth Management LLC boosted its holdings in iShares S&P 500 Value ETF by 8.3% in the 3rd quarter. 1900 Wealth Management LLC now owns 5,454 shares of the company’s stock valued at $839,000 after purchasing an additional 416 shares during the last quarter. DAVENPORT & Co LLC boosted its holdings in iShares S&P 500 Value ETF by 39.5% in the 3rd quarter. DAVENPORT & Co LLC now owns 2,855 shares of the company’s stock valued at $439,000 after purchasing an additional 808 shares during the last quarter. Paladin Advisory Group LLC acquired a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at about $46,000. Finally, Berkshire Money Management Inc. boosted its holdings in iShares S&P 500 Value ETF by 15.2% in the 3rd quarter. Berkshire Money Management Inc. now owns 270,207 shares of the company’s stock valued at $41,569,000 after purchasing an additional 35,678 shares during the last quarter.
iShares S&P 500 Value ETF Price Performance
NYSEARCA:IVE opened at $179.71 on Tuesday. The firm has a market capitalization of $32.25 billion, a price-to-earnings ratio of 23.70 and a beta of 0.87. The company’s 50-day moving average is $181.02 and its two-hundred day moving average is $171.17. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $187.24.
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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