Fifth Third Bancorp Has $50.75 Million Holdings in iShares S&P 500 Value ETF $IVE

Fifth Third Bancorp cut its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 239,291 shares of the company’s stock after selling 6,597 shares during the quarter. Fifth Third Bancorp’s holdings in iShares S&P 500 Value ETF were worth $50,746,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. REAP Financial Group LLC lifted its stake in iShares S&P 500 Value ETF by 9.7% in the third quarter. REAP Financial Group LLC now owns 542 shares of the company’s stock valued at $112,000 after buying an additional 48 shares during the period. Bernardo Wealth Planning LLC lifted its stake in iShares S&P 500 Value ETF by 0.5% in the fourth quarter. Bernardo Wealth Planning LLC now owns 9,495 shares of the company’s stock valued at $2,014,000 after buying an additional 49 shares during the period. Stegner Investment Associates Inc. lifted its stake in iShares S&P 500 Value ETF by 0.3% in the fourth quarter. Stegner Investment Associates Inc. now owns 16,304 shares of the company’s stock valued at $3,457,000 after buying an additional 49 shares during the period. Mainstream Capital Management LLC lifted its stake in iShares S&P 500 Value ETF by 4.7% in the fourth quarter. Mainstream Capital Management LLC now owns 1,164 shares of the company’s stock valued at $247,000 after buying an additional 52 shares during the period. Finally, Rossby Financial LCC lifted its stake in iShares S&P 500 Value ETF by 7.5% in the third quarter. Rossby Financial LCC now owns 757 shares of the company’s stock valued at $157,000 after buying an additional 53 shares during the period.

iShares S&P 500 Value ETF Stock Up 1.2%

Shares of NYSEARCA:IVE opened at $223.67 on Friday. iShares S&P 500 Value ETF has a twelve month low of $183.05 and a twelve month high of $224.02. The stock’s 50 day moving average is $216.09 and its 200-day moving average is $214.08. The firm has a market capitalization of $49.40 billion, a price-to-earnings ratio of 20.70 and a beta of 0.85.

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.