Amarillo National Bank Sells 2,833 Shares of iShares S&P 500 Value ETF $IVE

Amarillo National Bank lowered its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.1% in the third quarter, HoldingsChannel reports. The firm owned 265,568 shares of the company’s stock after selling 2,833 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 9.6% of Amarillo National Bank’s holdings, making the stock its 2nd largest holding. Amarillo National Bank’s holdings in iShares S&P 500 Value ETF were worth $54,842,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. FLP Wealth Management LLC raised its holdings in shares of iShares S&P 500 Value ETF by 628.5% during the third quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock valued at $3,454,000 after buying an additional 14,431 shares during the last quarter. Curbstone Financial Management Corp bought a new position in iShares S&P 500 Value ETF in the 3rd quarter worth approximately $564,000. American Trust acquired a new stake in iShares S&P 500 Value ETF in the 2nd quarter valued at approximately $806,000. Cerity Partners LLC increased its position in iShares S&P 500 Value ETF by 24.7% in the 2nd quarter. Cerity Partners LLC now owns 100,448 shares of the company’s stock valued at $19,630,000 after acquiring an additional 19,870 shares during the period. Finally, Franklin Resources Inc. raised its stake in iShares S&P 500 Value ETF by 4.3% during the 2nd quarter. Franklin Resources Inc. now owns 51,715 shares of the company’s stock valued at $10,106,000 after acquiring an additional 2,115 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $214.19 on Friday. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $214.90. The firm has a market capitalization of $43.68 billion, a PE ratio of 20.70 and a beta of 0.89. The stock has a fifty day moving average of $210.30 and a two-hundred day moving average of $203.72.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.