iShares S&P 500 Value ETF $IVE is Amarillo National Bank’s 2nd Largest Position

Amarillo National Bank lessened its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 265,568 shares of the company’s stock after selling 2,833 shares during the quarter. iShares S&P 500 Value ETF accounts for about 9.6% of Amarillo National Bank’s holdings, making the stock its 2nd biggest position. Amarillo National Bank owned approximately 0.13% of iShares S&P 500 Value ETF worth $54,842,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IVE. Envestnet Asset Management Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 12.6% in the second quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock valued at $4,100,596,000 after buying an additional 2,339,857 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares S&P 500 Value ETF by 0.7% in the second quarter. JPMorgan Chase & Co. now owns 17,895,697 shares of the company’s stock valued at $3,497,177,000 after acquiring an additional 119,534 shares during the period. Ameriprise Financial Inc. boosted its position in shares of iShares S&P 500 Value ETF by 19.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock worth $591,818,000 after purchasing an additional 484,782 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of iShares S&P 500 Value ETF by 4.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,590,004 shares of the company’s stock worth $493,603,000 after purchasing an additional 105,418 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in shares of iShares S&P 500 Value ETF by 4.7% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,362,479 shares of the company’s stock worth $461,676,000 after purchasing an additional 105,403 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.0%

Shares of IVE opened at $214.19 on Friday. The company has a 50-day simple moving average of $210.30 and a 200-day simple moving average of $203.72. The company has a market capitalization of $43.68 billion, a PE ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $214.90.

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. 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.