iShares S&P 500 Value ETF $IVE Position Raised by Apollon Wealth Management LLC

Apollon Wealth Management LLC grew its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 12.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 69,889 shares of the company’s stock after purchasing an additional 7,596 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $14,433,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. FLP Wealth Management LLC increased its position in shares of iShares S&P 500 Value ETF by 628.5% in the third quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock worth $3,454,000 after acquiring an additional 14,431 shares in the last quarter. Curbstone Financial Management Corp acquired a new position in iShares S&P 500 Value ETF in the 3rd quarter worth approximately $564,000. American Trust acquired a new position in iShares S&P 500 Value ETF in the 2nd quarter worth approximately $806,000. Cerity Partners LLC grew its position in iShares S&P 500 Value ETF by 24.7% during the 2nd quarter. Cerity Partners LLC now owns 100,448 shares of the company’s stock worth $19,630,000 after purchasing an additional 19,870 shares in the last quarter. Finally, Franklin Resources Inc. raised its stake in iShares S&P 500 Value ETF by 4.3% during the 2nd quarter. Franklin Resources Inc. now owns 51,715 shares of the company’s stock valued at $10,106,000 after purchasing an additional 2,115 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.0%

IVE opened at $214.19 on Friday. The firm has a market capitalization of $43.68 billion, a P/E ratio of 20.70 and a beta of 0.89. The stock has a fifty day moving average of $210.30 and a 200-day moving average of $203.80. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $214.90.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.