Waterway Wealth Management LLC boosted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 3.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 154,591 shares of the company’s stock after purchasing an additional 5,026 shares during the quarter. iShares S&P 500 Value ETF comprises 6.0% of Waterway Wealth Management LLC’s investment portfolio, making the stock its 5th largest holding. Waterway Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $32,784,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of IVE. Brighton Jones LLC raised its position in iShares S&P 500 Value ETF by 0.8% in the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after purchasing an additional 112 shares during the last quarter. Great Lakes Advisors LLC increased its stake in iShares S&P 500 Value ETF by 6,385.7% in the 1st quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock valued at $83,000 after buying an additional 447 shares during the period. Schnieders Capital Management LLC. acquired a new position in iShares S&P 500 Value ETF in the 2nd quarter valued at $550,000. Russell Investments Group Ltd. increased its stake in iShares S&P 500 Value ETF by 28.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock valued at $416,000 after buying an additional 477 shares during the period. Finally, First Trust Advisors LP increased its stake in iShares S&P 500 Value ETF by 2.8% in the 2nd quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock valued at $5,184,000 after buying an additional 731 shares during the period.
iShares S&P 500 Value ETF Stock Performance
Shares of IVE opened at $228.98 on Wednesday. The stock has a market capitalization of $50.56 billion, a P/E ratio of 20.70 and a beta of 0.82. The company’s fifty day moving average is $223.39 and its two-hundred day moving average is $218.14. iShares S&P 500 Value ETF has a 1 year low of $189.66 and a 1 year high of $230.05.
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.
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