PNC Financial Services Group Inc. Purchases 105,403 Shares of iShares S&P 500 Value ETF $IVE

PNC Financial Services Group Inc. boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,362,479 shares of the company’s stock after buying an additional 105,403 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $461,676,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Graney & King LLC boosted its stake in shares of iShares S&P 500 Value ETF by 22.5% in the 1st quarter. Graney & King LLC now owns 316 shares of the company’s stock valued at $60,000 after purchasing an additional 58 shares in the last quarter. Harbor Investment Advisory LLC lifted its stake in iShares S&P 500 Value ETF by 0.3% in the second quarter. Harbor Investment Advisory LLC now owns 20,113 shares of the company’s stock worth $3,930,000 after purchasing an additional 59 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its position in iShares S&P 500 Value ETF by 2.2% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,749 shares of the company’s stock valued at $537,000 after buying an additional 59 shares during the period. Seneca House Advisors grew its stake in shares of iShares S&P 500 Value ETF by 0.4% during the second quarter. Seneca House Advisors now owns 15,246 shares of the company’s stock valued at $2,979,000 after buying an additional 62 shares during the last quarter. Finally, Pinnacle Associates Ltd. increased its holdings in shares of iShares S&P 500 Value ETF by 0.8% in the second quarter. Pinnacle Associates Ltd. now owns 8,323 shares of the company’s stock worth $1,626,000 after buying an additional 62 shares during the period.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $211.21 on Wednesday. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $211.83. The firm has a market cap of $43.08 billion, a PE ratio of 20.70 and a beta of 0.89. The business has a 50 day moving average price of $206.35 and a 200-day moving average price of $198.57.

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.