Gilliland Jeter Wealth Management LLC Has $297,000 Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Gilliland Jeter Wealth Management LLC lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 41.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,556 shares of the company’s stock after acquiring an additional 454 shares during the period. Gilliland Jeter Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $297,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVE. International Assets Investment Management LLC raised its position in shares of iShares S&P 500 Value ETF by 18,046.1% in the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after purchasing an additional 1,326,211 shares during the period. USA Financial Formulas bought a new position in iShares S&P 500 Value ETF in the 4th quarter worth $77,191,000. PNC Financial Services Group Inc. lifted its position in iShares S&P 500 Value ETF by 7.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after acquiring an additional 139,651 shares during the last quarter. Kovitz Investment Group Partners LLC boosted its holdings in iShares S&P 500 Value ETF by 28.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock valued at $120,955,000 after acquiring an additional 136,769 shares during the period. Finally, World Investment Advisors LLC grew its position in shares of iShares S&P 500 Value ETF by 1,511.5% in the third quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock valued at $22,220,000 after purchasing an additional 105,334 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $196.25 on Friday. iShares S&P 500 Value ETF has a 52 week low of $173.01 and a 52 week high of $206.63. The firm has a market capitalization of $35.16 billion, a PE ratio of 23.79 and a beta of 0.81. The business’s 50-day simple moving average is $195.43 and its 200-day simple moving average is $195.09.

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.