Apollon Wealth Management LLC Has $6.28 Million Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Apollon Wealth Management LLC boosted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 11.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 32,892 shares of the company’s stock after buying an additional 3,468 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $6,278,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of IVE. Clientfirst Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $776,000. Joel Isaacson & Co. LLC grew its position in iShares S&P 500 Value ETF by 17.5% during the fourth quarter. Joel Isaacson & Co. LLC now owns 6,029 shares of the company’s stock worth $1,151,000 after buying an additional 897 shares in the last quarter. Appleton Partners Inc. MA increased its position in shares of iShares S&P 500 Value ETF by 70.7% during the fourth quarter. Appleton Partners Inc. MA now owns 2,190 shares of the company’s stock valued at $418,000 after purchasing an additional 907 shares during the period. Realta Investment Advisors lifted its holdings in shares of iShares S&P 500 Value ETF by 4.8% during the 4th quarter. Realta Investment Advisors now owns 1,322 shares of the company’s stock worth $253,000 after acquiring an additional 60 shares during the period. Finally, Golden State Wealth Management LLC acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at approximately $380,000.

iShares S&P 500 Value ETF Stock Down 0.8 %

Shares of iShares S&P 500 Value ETF stock opened at $194.62 on Friday. iShares S&P 500 Value ETF has a 12-month low of $173.01 and a 12-month high of $206.63. The company has a 50-day simple moving average of $195.24 and a 200 day simple moving average of $195.10. The stock has a market capitalization of $34.87 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.