Arlington Trust Co LLC Has $9.77 Million Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Arlington Trust Co LLC boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,683 shares of the company’s stock after acquiring an additional 449 shares during the period. iShares S&P 500 Value ETF makes up approximately 2.3% of Arlington Trust Co LLC’s investment portfolio, making the stock its 10th largest holding. Arlington Trust Co LLC’s holdings in iShares S&P 500 Value ETF were worth $9,771,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Palisade Asset Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the first quarter valued at approximately $26,000. Vima LLC bought a new position in iShares S&P 500 Value ETF during the 4th quarter worth about $27,000. CarsonAllaria Wealth Management Ltd. increased its holdings in iShares S&P 500 Value ETF by 289.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares in the last quarter. Northwest Investment Counselors LLC bought a new position in shares of iShares S&P 500 Value ETF during the first quarter worth about $29,000. Finally, Fortis Group Advisors LLC raised its position in iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock valued at $35,000 after buying an additional 100 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $191.23 on Friday. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $196.36. The stock’s 50 day moving average price is $188.23 and its two-hundred day moving average price is $184.25. The stock has a market capitalization of $34.26 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.