M&T Bank Corp Sells 26,779 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

M&T Bank Corp trimmed its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.8% in the 1st quarter, HoldingsChannel.com reports. The fund owned 930,804 shares of the company’s stock after selling 26,779 shares during the period. M&T Bank Corp’s holdings in iShares S&P 500 Value ETF were worth $177,392,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Ancora Advisors LLC lifted its position in iShares S&P 500 Value ETF by 6.8% during the fourth quarter. Ancora Advisors LLC now owns 5,607 shares of the company’s stock valued at $1,070,000 after purchasing an additional 357 shares during the last quarter. Confluence Wealth Services Inc. raised its position in shares of iShares S&P 500 Value ETF by 2.5% during the 1st quarter. Confluence Wealth Services Inc. now owns 2,555 shares of the company’s stock valued at $459,000 after buying an additional 62 shares in the last quarter. Ritholtz Wealth Management lifted its holdings in shares of iShares S&P 500 Value ETF by 16.5% in the 1st quarter. Ritholtz Wealth Management now owns 3,438 shares of the company’s stock valued at $655,000 after acquiring an additional 487 shares during the last quarter. Alterna Wealth Management Inc. grew its position in iShares S&P 500 Value ETF by 46.9% in the first quarter. Alterna Wealth Management Inc. now owns 3,574 shares of the company’s stock worth $681,000 after acquiring an additional 1,141 shares in the last quarter. Finally, Mosley Wealth Management increased its stake in iShares S&P 500 Value ETF by 10.6% during the fourth quarter. Mosley Wealth Management now owns 19,643 shares of the company’s stock worth $3,873,000 after acquiring an additional 1,886 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $197.20 on Tuesday. The company has a market cap of $39.49 billion, a PE ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $206.63. The stock’s 50 day simple moving average is $190.21 and its two-hundred day simple moving average is $190.01.

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.