M&T Bank Corp Sells 19,337 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

M&T Bank Corp lowered its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 957,583 shares of the company’s stock after selling 19,337 shares during the quarter. M&T Bank Corp owned 0.53% of iShares S&P 500 Value ETF worth $182,781,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of IVE. Kentucky Trust Co acquired a new position in iShares S&P 500 Value ETF in the 4th quarter valued at approximately $29,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after purchasing an additional 76 shares in the last quarter. Providence First Trust Co bought a new position in iShares S&P 500 Value ETF in the fourth quarter worth $31,000. Centricity Wealth Management LLC acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter worth $34,000. Finally, Perkins Coie Trust Co bought a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at $35,000.

iShares S&P 500 Value ETF Trading Down 1.6 %

Shares of IVE opened at $192.25 on Wednesday. The stock has a market cap of $35.07 billion, a PE ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a 1 year low of $176.09 and a 1 year high of $206.63. The stock has a 50 day simple moving average of $194.52 and a 200-day simple moving average of $196.35.

iShares S&P 500 Value ETF Company 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.