iShares S&P 500 Value ETF $IVE Stake Decreased by Amarillo National Bank

Amarillo National Bank lowered its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 258,447 shares of the company’s stock after selling 7,121 shares during the quarter. iShares S&P 500 Value ETF accounts for 9.6% of Amarillo National Bank’s investment portfolio, making the stock its 2nd biggest position. Amarillo National Bank owned 0.11% of iShares S&P 500 Value ETF worth $54,809,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. REAP Financial Group LLC raised its position in shares of iShares S&P 500 Value ETF by 9.7% during the 3rd quarter. REAP Financial Group LLC now owns 542 shares of the company’s stock valued at $112,000 after buying an additional 48 shares in the last quarter. Dumont & Blake Investment Advisors LLC raised its position in shares of iShares S&P 500 Value ETF by 0.5% during the 3rd quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock valued at $2,229,000 after buying an additional 49 shares in the last quarter. Bernardo Wealth Planning LLC raised its position in shares of iShares S&P 500 Value ETF by 0.5% during the 4th 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 in the last quarter. Mainstream Capital Management LLC raised its position in shares of iShares S&P 500 Value ETF by 4.7% during the 4th 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 in the last quarter. Finally, Rossby Financial LCC raised its position in shares of iShares S&P 500 Value ETF by 7.5% during the 3rd quarter. Rossby Financial LCC now owns 757 shares of the company’s stock valued at $157,000 after buying an additional 53 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $220.16 on Thursday. The firm’s fifty day moving average price is $215.99 and its 200-day moving average price is $213.54. The stock has a market cap of $48.57 billion, a P/E ratio of 20.70 and a beta of 0.85. iShares S&P 500 Value ETF has a fifty-two week low of $178.91 and a fifty-two week high of $223.05.

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.