Hilltop National Bank Cuts Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Hilltop National Bank decreased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,021 shares of the company’s stock after selling 518 shares during the period. Hilltop National Bank’s holdings in iShares S&P 500 Value ETF were worth $1,149,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of IVE. Northwest Investment Counselors LLC purchased a new stake in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $31,000. Valued Wealth Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth $35,000. Copley Financial Group Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth $36,000. Hobbs Group Advisors LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at $40,000. Finally, Colony Family Offices LLC increased its position in shares of iShares S&P 500 Value ETF by 77.3% in the 3rd quarter. Colony Family Offices LLC now owns 273 shares of the company’s stock valued at $54,000 after acquiring an additional 119 shares during the period.

iShares S&P 500 Value ETF Stock Performance

IVE stock traded down $3.09 during midday trading on Friday, reaching $188.06. The stock had a trading volume of 228,173 shares, compared to its average volume of 989,115. The firm has a fifty day simple moving average of $197.76 and a two-hundred day simple moving average of $193.60. The stock has a market cap of $33.69 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52-week low of $170.13 and a 52-week high of $206.63.

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.