Gilliland Jeter Wealth Management LLC Acquires 665 Shares of iShares S&P 500 Value ETF $IVE

Gilliland Jeter Wealth Management LLC grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 30.4% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 2,849 shares of the company’s stock after purchasing an additional 665 shares during the quarter. Gilliland Jeter Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $557,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of IVE. Cloud Capital Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth $27,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at $29,000. Nemes Rush Group LLC raised its stake in shares of iShares S&P 500 Value ETF by 625.0% in the 1st quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock valued at $33,000 after buying an additional 150 shares in the last quarter. Flaharty Asset Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at $33,000. Finally, IMG Wealth Management Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at $34,000.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $207.10 on Friday. The firm’s 50-day simple moving average is $203.05 and its 200-day simple moving average is $193.91. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $209.12. The firm has a market cap of $41.85 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94.

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.