3,453 Shares in iShares S&P 500 Value ETF $IVE Bought by FWG Investments LLC.

FWG Investments LLC. acquired a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the second quarter, HoldingsChannel.com reports. The firm acquired 3,453 shares of the company’s stock, valued at approximately $675,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Cloud Capital Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter valued at about $27,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the first quarter worth approximately $29,000. Harbor Asset Planning Inc. bought a new stake in iShares S&P 500 Value ETF during the second quarter valued at approximately $30,000. Nemes Rush Group LLC increased its holdings in iShares S&P 500 Value ETF by 625.0% during the first quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock valued at $33,000 after buying an additional 150 shares during the last quarter. Finally, Flaharty Asset Management LLC purchased a new stake in iShares S&P 500 Value ETF during the first quarter valued at approximately $33,000.

iShares S&P 500 Value ETF Trading Down 0.5%

IVE opened at $208.33 on Friday. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $211.83. The firm’s 50 day simple moving average is $205.51 and its two-hundred day simple moving average is $196.63. The company has a market capitalization of $42.27 billion, a PE ratio of 20.70 and a beta of 0.89.

iShares S&P 500 Value ETF Company 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.