FARMERS & MERCHANTS TRUST Co OF LONG BEACH Grows Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

FARMERS & MERCHANTS TRUST Co OF LONG BEACH raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,104 shares of the company’s stock after acquiring an additional 425 shares during the quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s holdings in iShares S&P 500 Value ETF were worth $974,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in IVE. International Assets Investment Management LLC boosted its position in iShares S&P 500 Value ETF by 18,046.1% during the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after acquiring an additional 1,326,211 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in iShares S&P 500 Value ETF in the 2nd quarter valued at $82,555,000. USA Financial Formulas purchased a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth $77,191,000. The Manufacturers Life Insurance Company boosted its holdings in shares of iShares S&P 500 Value ETF by 43.2% during the second quarter. The Manufacturers Life Insurance Company now owns 918,220 shares of the company’s stock worth $167,125,000 after purchasing an additional 277,110 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of iShares S&P 500 Value ETF by 7.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after purchasing an additional 139,651 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.7 %

iShares S&P 500 Value ETF stock opened at $194.09 on Friday. The stock has a fifty day moving average price of $196.93 and a 200 day moving average price of $193.97. iShares S&P 500 Value ETF has a 52 week low of $170.13 and a 52 week high of $206.63. The firm has a market capitalization of $34.77 billion, a P/E ratio of 23.79 and a beta of 0.81.

About iShares S&P 500 Value ETF

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.