Hilltop National Bank Lowers Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Hilltop National Bank lessened its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm 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 SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Baker Tilly Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at about $290,000. Watts Gwilliam & Co. LLC raised its holdings in shares of iShares S&P 500 Value ETF by 12.1% in the 4th quarter. Watts Gwilliam & Co. LLC now owns 92,706 shares of the company’s stock valued at $17,708,000 after purchasing an additional 10,039 shares in the last quarter. Fulton Bank N.A. lifted its position in shares of iShares S&P 500 Value ETF by 88.4% in the 4th quarter. Fulton Bank N.A. now owns 2,069 shares of the company’s stock worth $395,000 after purchasing an additional 971 shares during the period. One Wealth Capital Management LLC bought a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $2,907,000. Finally, Ridgeline Wealth LLC purchased a new position in iShares S&P 500 Value ETF during the fourth quarter valued at approximately $382,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE traded down $3.09 during trading hours on Friday, reaching $188.06. The company’s stock had a trading volume of 228,173 shares, compared to its average volume of 989,115. The company has a market capitalization of $33.69 billion, a P/E ratio of 23.79 and a beta of 0.81. The stock has a 50 day moving average price of $197.76 and a two-hundred day moving average price of $193.60. iShares S&P 500 Value ETF has a 12 month low of $170.13 and a 12 month high of $206.63.

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.