FARMERS & MERCHANTS TRUST Co OF LONG BEACH Buys 2,339 Shares of iShares S&P 500 Value ETF $IVE

FARMERS & MERCHANTS TRUST Co OF LONG BEACH grew its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 46.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,393 shares of the company’s stock after purchasing an additional 2,339 shares during the period. FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s holdings in iShares S&P 500 Value ETF were worth $1,445,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of IVE. Brighton Jones LLC boosted its stake in shares of iShares S&P 500 Value ETF by 0.8% during the 4th 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 in the last quarter. Millennium Management LLC boosted its stake in shares of iShares S&P 500 Value ETF by 101.3% during the 4th quarter. Millennium Management LLC now owns 3,334 shares of the company’s stock valued at $636,000 after purchasing an additional 1,678 shares in the last quarter. MassMutual Private Wealth & Trust FSB bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter valued at about $63,000. GAMMA Investing LLC boosted its stake in shares of iShares S&P 500 Value ETF by 18,958.0% during the 1st quarter. GAMMA Investing LLC now owns 477,975 shares of the company’s stock valued at $91,092,000 after purchasing an additional 475,467 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter valued at about $326,000.

iShares S&P 500 Value ETF Trading Up 0.8%

Shares of IVE opened at $205.47 on Monday. The firm’s 50-day moving average price is $201.56 and its 200-day moving average price is $192.88. The firm has a market capitalization of $41.25 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $206.63.

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.