FWG Investments LLC. Increases Stock Position in iShares S&P 500 Value ETF $IVE

FWG Investments LLC. boosted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 75.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,676 shares of the company’s stock after acquiring an additional 3,307 shares during the period. iShares S&P 500 Value ETF comprises approximately 1.0% of FWG Investments LLC.’s portfolio, making the stock its 28th largest position. FWG Investments LLC.’s holdings in iShares S&P 500 Value ETF were worth $1,628,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IVE. United Services Automobile Association purchased a new stake in iShares S&P 500 Value ETF in the second quarter valued at $26,000. Decker Retirement Planning Inc. purchased a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at $26,000. Palisade Asset Management LLC purchased a new stake in iShares S&P 500 Value ETF in the third quarter valued at $29,000. Ransom Advisory Ltd purchased a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at $31,000. Finally, Center for Financial Planning Inc. purchased a new stake in iShares S&P 500 Value ETF in the third quarter valued at $32,000.

iShares S&P 500 Value ETF Price Performance

IVE stock opened at $220.16 on Thursday. The company has a fifty day moving average price of $215.99 and a 200 day moving average price of $213.54. iShares S&P 500 Value ETF has a 12 month low of $178.91 and a 12 month high of $223.05. The company has a market cap of $48.57 billion, a price-to-earnings ratio of 20.70 and a beta of 0.85.

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. 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.