Watts Gwilliam & Co. LLC Makes New $16.17 Million Investment in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Watts Gwilliam & Co. LLC bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 82,667 shares of the company’s stock, valued at approximately $16,165,000. iShares S&P 500 Value ETF accounts for approximately 3.5% of Watts Gwilliam & Co. LLC’s investment portfolio, making the stock its 5th largest holding.

A number of other large investors also recently modified their holdings of IVE. Palisade Asset Management LLC acquired a new stake in iShares S&P 500 Value ETF in the 1st quarter valued at approximately $26,000. Vima LLC acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at $27,000. CarsonAllaria Wealth Management Ltd. increased its holdings in shares of iShares S&P 500 Value ETF by 289.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares during the period. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the first quarter valued at about $29,000. Finally, Fortis Group Advisors LLC lifted its holdings in iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock worth $35,000 after purchasing an additional 100 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.3 %

iShares S&P 500 Value ETF stock opened at $196.29 on Friday. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $197.63. The stock has a market cap of $35.17 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The company’s 50-day moving average price is $192.64 and its two-hundred day moving average price is $186.53.

About iShares S&P 500 Value ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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