SouthState Corp Acquires 5,518 Shares of iShares S&P 500 Value ETF $IVE

SouthState Corp lifted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 64.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,116 shares of the company’s stock after acquiring an additional 5,518 shares during the quarter. SouthState Corp’s holdings in iShares S&P 500 Value ETF were worth $2,759,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in IVE. Flow Traders U.S. LLC acquired a new position in iShares S&P 500 Value ETF in the 1st quarter valued at $7,724,000. Verdence Capital Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth $206,000. Geneos Wealth Management Inc. boosted its position in shares of iShares S&P 500 Value ETF by 5.8% in the first quarter. Geneos Wealth Management Inc. now owns 45,091 shares of the company’s stock valued at $8,627,000 after acquiring an additional 2,477 shares during the period. Telos Capital Management Inc. boosted its position in shares of iShares S&P 500 Value ETF by 5.9% in the first quarter. Telos Capital Management Inc. now owns 16,987 shares of the company’s stock valued at $3,237,000 after acquiring an additional 940 shares during the period. Finally, LVZ Inc. grew its stake 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 acquiring an additional 8,641 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.7%

Shares of iShares S&P 500 Value ETF stock opened at $206.99 on Friday. The stock has a market capitalization of $42.22 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $211.83. The company has a 50-day simple moving average of $205.99 and a two-hundred day simple moving average of $197.66.

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.