Central Pacific Bank Trust Division Makes New $412,000 Investment in iShares S&P 500 Value ETF $IVE

Central Pacific Bank Trust Division acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 2,107 shares of the company’s stock, valued at approximately $412,000.

A number of other hedge funds also recently added to or reduced their stakes in IVE. Brighton Jones LLC lifted its position in iShares S&P 500 Value ETF by 0.8% during the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after acquiring an additional 112 shares during the period. Millennium Management LLC lifted its position in iShares S&P 500 Value ETF by 101.3% during the 4th quarter. Millennium Management LLC now owns 3,334 shares of the company’s stock worth $636,000 after acquiring an additional 1,678 shares during the period. NorthRock Partners LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth approximately $296,000. Sentinus LLC raised its stake in shares of iShares S&P 500 Value ETF by 560.5% during the 4th quarter. Sentinus LLC now owns 31,954 shares of the company’s stock worth $6,099,000 after buying an additional 27,116 shares in the last quarter. Finally, Scissortail Wealth Management LLC raised its stake in shares of iShares S&P 500 Value ETF by 5,814.3% during the 4th quarter. Scissortail Wealth Management LLC now owns 47,906 shares of the company’s stock worth $9,144,000 after buying an additional 47,096 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.2%

Shares of IVE stock opened at $203.94 on Friday. The company has a market cap of $40.94 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94. The stock has a 50 day simple moving average of $200.18 and a 200-day simple moving average of $192.02. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $206.63.

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.