Cullen Frost Bankers Inc. lowered its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 0.1% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 91,654 shares of the company’s stock after selling 76 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in iShares S&P 500 Value ETF were worth $17,911,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of the business. Greenup Street Wealth Management LLC grew its position in iShares S&P 500 Value ETF by 5.8% in the 2nd quarter. Greenup Street Wealth Management LLC now owns 136,809 shares of the company’s stock valued at $26,735,000 after purchasing an additional 7,458 shares during the period. Whittier Trust Co. of Nevada Inc. grew its position in iShares S&P 500 Value ETF by 23.2% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 9,545 shares of the company’s stock valued at $1,865,000 after purchasing an additional 1,800 shares during the period. Syntegra Private Wealth Group LLC grew its position in iShares S&P 500 Value ETF by 4.6% in the 2nd quarter. Syntegra Private Wealth Group LLC now owns 2,085 shares of the company’s stock valued at $407,000 after purchasing an additional 91 shares during the period. Probity Advisors Inc. grew its position in iShares S&P 500 Value ETF by 3.5% in the 2nd quarter. Probity Advisors Inc. now owns 283,962 shares of the company’s stock valued at $55,492,000 after purchasing an additional 9,514 shares during the period. Finally, LGT Financial Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 24.8% during the 2nd quarter. LGT Financial Advisors LLC now owns 1,093 shares of the company’s stock worth $214,000 after acquiring an additional 217 shares during the last quarter.
iShares S&P 500 Value ETF Price Performance
IVE opened at $208.99 on Wednesday. The company has a market capitalization of $42.40 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94. The firm’s fifty day moving average price is $204.42 and its two-hundred day moving average price is $194.94. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $209.57.
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.
Further Reading
- Five stocks we like better than iShares S&P 500 Value ETF
- What does consumer price index measure?
- 2 Ways to Trade Qualcomm Ahead of November’s Earnings
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Lululemon: 2 Signs the Bottom Is In, and 1 Sign It Isn’t
- How Investors Can Find the Best Cheap Dividend Stocks
- Got 1K to Invest? These 3 Stocks Are Still Attractive Buys
Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report).
Receive News & Ratings for iShares S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.