M&T Bank Corp Reduces Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

M&T Bank Corp decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 976,920 shares of the company’s stock after selling 36,801 shares during the period. M&T Bank Corp’s holdings in iShares S&P 500 Value ETF were worth $192,621,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of IVE. Lantz Financial LLC lifted its stake in iShares S&P 500 Value ETF by 5.2% in the second quarter. Lantz Financial LLC now owns 13,979 shares of the company’s stock valued at $2,544,000 after purchasing an additional 687 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in iShares S&P 500 Value ETF by 5.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 84,652 shares of the company’s stock valued at $15,407,000 after acquiring an additional 4,695 shares during the period. ORG Partners LLC bought a new stake in iShares S&P 500 Value ETF during the 2nd quarter valued at $150,000. GPS Wealth Strategies Group LLC raised its holdings in iShares S&P 500 Value ETF by 56.7% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 727 shares of the company’s stock valued at $132,000 after acquiring an additional 263 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in iShares S&P 500 Value ETF by 3.4% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,424,716 shares of the company’s stock valued at $259,313,000 after acquiring an additional 47,074 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $200.84 on Tuesday. The company’s fifty day simple moving average is $199.73 and its two-hundred day simple moving average is $192.00. iShares S&P 500 Value ETF has a 1 year low of $167.14 and a 1 year high of $206.63. The stock has a market capitalization of $35.98 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.