iShares S&P 500 Value ETF $IVE Shares Bought by Trustmark Bank Trust Department

Trustmark Bank Trust Department raised its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 75,674 shares of the company’s stock after purchasing an additional 1,217 shares during the quarter. iShares S&P 500 Value ETF accounts for 1.0% of Trustmark Bank Trust Department’s holdings, making the stock its 24th largest holding. Trustmark Bank Trust Department’s holdings in iShares S&P 500 Value ETF were worth $14,788,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Harbor Asset Planning Inc. purchased a new stake in iShares S&P 500 Value ETF in the 2nd quarter valued at about $30,000. Flaharty Asset Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the first quarter valued at about $33,000. Ryan Investment Management Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at approximately $36,000. Atwood & Palmer Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at approximately $38,000. Finally, Proathlete Wealth Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter worth approximately $42,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $212.42 on Friday. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $212.54. The company has a 50 day moving average price of $207.68 and a 200 day moving average price of $200.60. The stock has a market capitalization of $43.32 billion, a P/E ratio of 20.70 and a beta of 0.89.

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.