Bangor Savings Bank Cuts Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Bangor Savings Bank cut its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 15.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,394 shares of the company’s stock after selling 254 shares during the period. Bangor Savings Bank’s holdings in iShares S&P 500 Value ETF were worth $266,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of IVE. NBC Securities Inc. raised its stake in iShares S&P 500 Value ETF by 33.3% in the third quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock valued at $423,000 after buying an additional 536 shares during the last quarter. Ausdal Financial Partners Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 81.0% during the third quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock valued at $9,110,000 after acquiring an additional 20,674 shares in the last quarter. Concourse Financial Group Securities Inc. raised its position in shares of iShares S&P 500 Value ETF by 7.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock valued at $10,501,000 after purchasing an additional 3,500 shares during the last quarter. Cornell Pochily Investment Advisors Inc. boosted its stake in iShares S&P 500 Value ETF by 31.3% in the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 3,060 shares of the company’s stock worth $603,000 after purchasing an additional 730 shares in the last quarter. Finally, High Falls Advisors Inc grew its position in iShares S&P 500 Value ETF by 3.1% during the 2nd quarter. High Falls Advisors Inc now owns 74,353 shares of the company’s stock worth $13,533,000 after purchasing an additional 2,223 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.3 %

Shares of iShares S&P 500 Value ETF stock opened at $191.01 on Wednesday. iShares S&P 500 Value ETF has a 12-month low of $170.13 and a 12-month high of $206.63. The firm’s 50 day simple moving average is $197.93 and its two-hundred day simple moving average is $193.63. The firm has a market capitalization of $34.22 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.