First Citizens Bank & Trust Co. Has $3.57 Million Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

First Citizens Bank & Trust Co. boosted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 15.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 18,703 shares of the company’s stock after purchasing an additional 2,487 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in iShares S&P 500 Value ETF were worth $3,570,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. increased its holdings in 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 worth $29,000 after purchasing an additional 76 shares in the last quarter. Northwest Investment Counselors LLC bought a new stake in iShares S&P 500 Value ETF in the third quarter worth approximately $31,000. Valued Wealth Advisors LLC bought a new stake in iShares S&P 500 Value ETF in the third quarter worth approximately $35,000. Perkins Coie Trust Co bought a new stake in iShares S&P 500 Value ETF in the fourth quarter worth approximately $35,000. Finally, Copley Financial Group Inc. bought a new stake in iShares S&P 500 Value ETF in the third quarter worth approximately $36,000.

iShares S&P 500 Value ETF Stock Down 0.2 %

NYSEARCA IVE opened at $196.15 on Friday. The company has a market cap of $35.14 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52 week low of $173.01 and a 52 week high of $206.63. The business has a 50 day moving average price of $196.39 and a 200-day moving average price of $194.46.

iShares S&P 500 Value ETF 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.