FineMark National Bank & Trust Sells 333 Shares of iShares S&P 500 Value ETF $IVE

FineMark National Bank & Trust lowered its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,635 shares of the company’s stock after selling 333 shares during the period. FineMark National Bank & Trust’s holdings in iShares S&P 500 Value ETF were worth $14,194,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Graney & King LLC grew its stake in iShares S&P 500 Value ETF by 22.5% in the 1st quarter. Graney & King LLC now owns 316 shares of the company’s stock valued at $60,000 after buying an additional 58 shares in the last quarter. Harbor Investment Advisory LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 0.3% in the second quarter. Harbor Investment Advisory LLC now owns 20,113 shares of the company’s stock worth $3,930,000 after acquiring an additional 59 shares during the period. Pinnacle Wealth Management Advisory Group LLC grew its position in shares of iShares S&P 500 Value ETF by 2.2% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,749 shares of the company’s stock valued at $537,000 after purchasing an additional 59 shares in the last quarter. Seneca House Advisors raised its stake in shares of iShares S&P 500 Value ETF by 0.4% during the 2nd quarter. Seneca House Advisors now owns 15,246 shares of the company’s stock valued at $2,979,000 after purchasing an additional 62 shares during the period. Finally, Pinnacle Associates Ltd. raised its stake in shares of iShares S&P 500 Value ETF by 0.8% during the 2nd quarter. Pinnacle Associates Ltd. now owns 8,323 shares of the company’s stock valued at $1,626,000 after purchasing an additional 62 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.4%

Shares of NYSEARCA IVE opened at $206.51 on Wednesday. The company has a market cap of $42.12 billion, a P/E ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $212.54. The business has a 50-day simple moving average of $206.95 and a two-hundred day simple moving average of $199.46.

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.