BNP Paribas Financial Markets Has $18.97 Million Stake in iShares S&P 500 Value ETF $IVE

BNP Paribas Financial Markets reduced its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 89,444 shares of the company’s stock after selling 8,692 shares during the period. BNP Paribas Financial Markets’ holdings in iShares S&P 500 Value ETF were worth $18,968,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in iShares S&P 500 Value ETF by 0.8% during the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after purchasing an additional 112 shares during the period. Great Lakes Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 6,385.7% during the first quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock worth $83,000 after purchasing an additional 447 shares during the last quarter. Schnieders Capital Management LLC. acquired a new stake in iShares S&P 500 Value ETF in the second quarter valued at $550,000. Russell Investments Group Ltd. lifted its stake in iShares S&P 500 Value ETF by 28.8% in the second quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock valued at $416,000 after acquiring an additional 477 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in iShares S&P 500 Value ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock valued at $5,184,000 after acquiring an additional 731 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $226.54 on Friday. The firm has a market capitalization of $50.02 billion, a PE ratio of 20.70 and a beta of 0.82. The company’s 50-day moving average is $221.01 and its 200-day moving average is $217.08. iShares S&P 500 Value ETF has a fifty-two week low of $189.66 and a fifty-two week high of $229.53.

About iShares S&P 500 Value ETF

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.