First Hawaiian Bank Sells 82,772 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

First Hawaiian Bank decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 31.2% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 182,802 shares of the company’s stock after selling 82,772 shares during the period. iShares S&P 500 Value ETF comprises 1.1% of First Hawaiian Bank’s portfolio, making the stock its 10th biggest position. First Hawaiian Bank owned about 0.10% of iShares S&P 500 Value ETF worth $33,272,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in iShares S&P 500 Value ETF by 112.5% during the second quarter. GAMMA Investing LLC now owns 2,508 shares of the company’s stock worth $456,000 after purchasing an additional 1,328 shares during the last quarter. Cape Investment Advisory Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 291.2% during the 1st quarter. Cape Investment Advisory Inc. now owns 622 shares of the company’s stock worth $116,000 after buying an additional 463 shares during the last quarter. Keystone Financial Services bought a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at about $9,560,000. Bush Investment Group LLC increased its position in shares of iShares S&P 500 Value ETF by 2.2% in the first quarter. Bush Investment Group LLC now owns 8,447 shares of the company’s stock valued at $1,578,000 after acquiring an additional 181 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in iShares S&P 500 Value ETF by 663.3% during the first quarter. EverSource Wealth Advisors LLC now owns 2,328 shares of the company’s stock worth $416,000 after acquiring an additional 2,023 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE traded down $2.62 during trading hours on Friday, hitting $186.65. 984,447 shares of the company traded hands, compared to its average volume of 768,872. The business’s 50-day moving average is $184.22 and its 200-day moving average is $181.62. The stock has a market capitalization of $33.44 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a twelve month low of $147.23 and a twelve month high of $191.93.

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.