Western Wealth Management LLC Has $6.41 Million Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Western Wealth Management LLC decreased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,956 shares of the company’s stock after selling 88 shares during the quarter. Western Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $6,410,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in IVE. Comerica Securities Inc. grew its position in iShares S&P 500 Value ETF by 5.4% in the fourth quarter. Comerica Securities Inc. now owns 53,781 shares of the company’s stock valued at $5,439,000 after acquiring an additional 2,777 shares during the period. Millennium Management LLC grew its position in iShares S&P 500 Value ETF by 7.1% in the fourth quarter. Millennium Management LLC now owns 14,253 shares of the company’s stock valued at $1,442,000 after acquiring an additional 948 shares during the period. Deutsche Bank AG bought a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at $130,000. Ironwood Wealth Management LLC. boosted its stake in iShares S&P 500 Value ETF by 0.7% in the first quarter. Ironwood Wealth Management LLC. now owns 18,007 shares of the company’s stock worth $2,030,000 after purchasing an additional 124 shares in the last quarter. Finally, BB&T Corp boosted its stake in iShares S&P 500 Value ETF by 22.5% in the first quarter. BB&T Corp now owns 4,486 shares of the company’s stock worth $506,000 after purchasing an additional 823 shares in the last quarter.

iShares S&P 500 Value ETF stock traded down $2.49 on Friday, reaching $112.85. The company’s stock had a trading volume of 41,699 shares, compared to its average volume of 834,338. The business’s fifty day moving average price is $116.98 and its 200 day moving average price is $114.53. iShares S&P 500 Value ETF has a twelve month low of $94.72 and a twelve month high of $120.00.

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.

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

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