M&T Bank Corp Sells 23,903 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

M&T Bank Corp lessened its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,079,795 shares of the company’s stock after selling 23,903 shares during the period. M&T Bank Corp’s holdings in iShares S&P 500 Value ETF were worth $187,766,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of IVE. Peoples Bank KS acquired a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $25,000. Allspring Global Investments Holdings LLC lifted its stake in shares of iShares S&P 500 Value ETF by 700.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 160 shares of the company’s stock valued at $25,000 after purchasing an additional 140 shares during the period. First Pacific Financial bought a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth $30,000. Sound Income Strategies LLC bought a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth $35,000. Finally, Wetzel Investment Advisors Inc. acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at approximately $35,000.

iShares S&P 500 Value ETF Stock Up 0.5 %

NYSEARCA IVE traded up $0.96 during trading on Friday, reaching $180.32. 762,738 shares of the stock traded hands, compared to its average volume of 949,120. iShares S&P 500 Value ETF has a fifty-two week low of $147.23 and a fifty-two week high of $187.24. The firm has a market cap of $32.30 billion, a price-to-earnings ratio of 23.38 and a beta of 0.84. The stock’s 50-day moving average price is $181.52 and its 200 day moving average price is $172.54.

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.