Hilltop National Bank Acquires Shares of 6,620 iShares S&P 500 Value ETF $IVE

Hilltop National Bank acquired a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,620 shares of the company’s stock, valued at approximately $1,294,000.

Several other institutional investors have also added to or reduced their stakes in IVE. Flow Traders U.S. LLC bought a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at $7,724,000. Verdence Capital Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at $206,000. Geneos Wealth Management Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 5.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 45,091 shares of the company’s stock valued at $8,627,000 after acquiring an additional 2,477 shares during the last quarter. Telos Capital Management Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 5.9% in the 1st quarter. Telos Capital Management Inc. now owns 16,987 shares of the company’s stock valued at $3,237,000 after acquiring an additional 940 shares during the last quarter. Finally, LVZ Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 2.0% in the 2nd quarter. LVZ Inc. now owns 449,606 shares of the company’s stock valued at $87,862,000 after acquiring an additional 8,641 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $207.03 on Friday. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $207.36. The stock has a market capitalization of $41.56 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94. The stock has a fifty day moving average of $202.16 and a 200-day moving average of $193.30.

About iShares S&P 500 Value ETF

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.