First Citizens Bank & Trust Co. Purchases 2,487 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

First Citizens Bank & Trust Co. increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 15.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 18,703 shares of the company’s stock after acquiring an additional 2,487 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in iShares S&P 500 Value ETF were worth $3,570,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. Stifel Financial Corp grew its holdings in iShares S&P 500 Value ETF by 2.5% during the third quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock worth $490,670,000 after buying an additional 60,868 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in iShares S&P 500 Value ETF by 7.6% during the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after buying an additional 139,651 shares in the last quarter. International Assets Investment Management LLC grew its holdings 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 buying an additional 1,326,211 shares in the last quarter. Huntington National Bank grew its holdings in iShares S&P 500 Value ETF by 6.9% during the third quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock worth $206,225,000 after buying an additional 67,448 shares in the last quarter. Finally, Park Avenue Securities LLC grew its holdings in iShares S&P 500 Value ETF by 5.8% during the fourth quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock worth $180,895,000 after buying an additional 51,773 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.2 %

Shares of iShares S&P 500 Value ETF stock opened at $196.15 on Friday. The stock has a fifty day simple moving average of $196.39 and a 200 day simple moving average of $194.46. iShares S&P 500 Value ETF has a 12-month low of $173.01 and a 12-month high of $206.63. The company has a market capitalization of $35.14 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.