American Trust Acquires New Holdings in iShares S&P 500 Value ETF $IVE

American Trust bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the second quarter, HoldingsChannel reports. The firm bought 4,126 shares of the company’s stock, valued at approximately $806,000.

Several other institutional investors and hedge funds also recently modified their holdings of IVE. Flow Traders U.S. LLC acquired a new position in iShares S&P 500 Value ETF in the 1st quarter valued at about $7,724,000. Cerity Partners LLC boosted its stake in shares of iShares S&P 500 Value ETF by 24.7% during the 2nd quarter. Cerity Partners LLC now owns 100,448 shares of the company’s stock worth $19,630,000 after purchasing an additional 19,870 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 4.3% during the second quarter. Franklin Resources Inc. now owns 51,715 shares of the company’s stock worth $10,106,000 after buying an additional 2,115 shares in the last quarter. Americana Partners LLC raised its position in shares of iShares S&P 500 Value ETF by 170.7% in the second quarter. Americana Partners LLC now owns 4,090 shares of the company’s stock valued at $799,000 after buying an additional 2,579 shares during the last quarter. Finally, LVZ Inc. raised its position in shares of iShares S&P 500 Value ETF by 2.0% in the second quarter. LVZ Inc. now owns 449,606 shares of the company’s stock valued at $87,862,000 after buying an additional 8,641 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE opened at $213.67 on Tuesday. The firm has a market cap of $43.58 billion, a P/E 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 $214.90. The firm’s 50 day moving average price is $209.08 and its 200 day moving average price is $202.49.

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.