VeraBank N.A. Purchases Shares of 1,959 iShares S&P 500 Value ETF $IVE

VeraBank N.A. acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the second quarter, Holdings Channel reports. The fund acquired 1,959 shares of the company’s stock, valued at approximately $383,000.

Several other large investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its holdings in iShares S&P 500 Value ETF by 12.6% in the second quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock worth $4,100,596,000 after acquiring an additional 2,339,857 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares S&P 500 Value ETF by 5.5% during the first quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock valued at $3,387,781,000 after acquiring an additional 922,557 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of iShares S&P 500 Value ETF by 4.2% during the first quarter. Goldman Sachs Group Inc. now owns 2,590,004 shares of the company’s stock worth $493,603,000 after purchasing an additional 105,418 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 3.7% in the 1st quarter. Ameriprise Financial Inc. now owns 2,546,232 shares of the company’s stock worth $485,361,000 after purchasing an additional 90,856 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 5.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,257,076 shares of the company’s stock worth $430,153,000 after purchasing an additional 114,406 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.9%

Shares of IVE stock opened at $211.21 on Wednesday. The firm has a fifty day simple moving average of $206.35 and a two-hundred day simple moving average of $198.57. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $211.83. The firm has a market capitalization of $43.08 billion, a PE ratio of 20.70 and a beta of 0.89.

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.