Fifth Third Bancorp Sells 16,739 Shares of iShares S&P 500 Value ETF $IVE

Fifth Third Bancorp decreased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 511,966 shares of the company’s stock after selling 16,739 shares during the period. Fifth Third Bancorp owned 0.24% of iShares S&P 500 Value ETF worth $116,871,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in iShares S&P 500 Value ETF by 2.0% in the first quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock worth $1,997,009,000 after purchasing an additional 182,358 shares during the period. Lido Advisors LLC increased its position in shares of iShares S&P 500 Value ETF by 5.8% during the 3rd quarter. Lido Advisors LLC now owns 2,252,447 shares of the company’s stock valued at $514,190,000 after purchasing an additional 122,809 shares during the period. Park Avenue Securities LLC increased its position in shares of iShares S&P 500 Value ETF by 0.3% during the 3rd quarter. Park Avenue Securities LLC now owns 1,816,354 shares of the company’s stock valued at $414,637,000 after purchasing an additional 5,323 shares during the period. Royal Bank of Canada increased its position in shares of iShares S&P 500 Value ETF by 3.6% during the 1st quarter. Royal Bank of Canada now owns 1,396,602 shares of the company’s stock valued at $294,892,000 after purchasing an additional 48,869 shares during the period. Finally, Cassaday & Co Wealth Management LLC raised its stake in shares of iShares S&P 500 Value ETF by 3.8% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 1,197,963 shares of the company’s stock worth $252,950,000 after buying an additional 44,187 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $242.73 on Thursday. iShares S&P 500 Value ETF has a one year low of $203.15 and a one year high of $244.72. The stock’s fifty day moving average is $235.14 and its 200-day moving average is $227.05. The company has a market capitalization of $51.73 billion, a PE ratio of 22.47 and a beta of 0.82.

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. 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.