Nwam LLC Has $2.94 Million Position in iShares S&P 500 Value ETF $IVE

Nwam LLC lowered its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 19.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,559 shares of the company’s stock after selling 3,186 shares during the quarter. Nwam LLC’s holdings in iShares S&P 500 Value ETF were worth $2,939,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVE. Envestnet Asset Management Inc. increased its position in iShares S&P 500 Value ETF by 5.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock valued at $4,568,288,000 after acquiring an additional 1,137,886 shares in the last quarter. Cassaday & Co Wealth Management LLC increased its position in iShares S&P 500 Value ETF by 3,286.8% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 1,153,776 shares of the company’s stock valued at $244,681,000 after acquiring an additional 1,119,709 shares in the last quarter. Park Avenue Securities LLC increased its position in iShares S&P 500 Value ETF by 40.4% in the 4th quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock valued at $523,293,000 after acquiring an additional 710,518 shares in the last quarter. CWM LLC increased its position in iShares S&P 500 Value ETF by 37.5% in the 4th quarter. CWM LLC now owns 2,579,248 shares of the company’s stock valued at $546,981,000 after acquiring an additional 702,987 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in iShares S&P 500 Value ETF by 19.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock worth $591,818,000 after buying an additional 484,782 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $224.26 on Monday. The stock’s fifty day moving average price is $216.30 and its two-hundred day moving average price is $214.60. iShares S&P 500 Value ETF has a 52-week low of $184.99 and a 52-week high of $225.34. The company has a market cap of $49.52 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83.

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. 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.