53,250 Shares in iShares S&P 500 Value ETF (IVE) Acquired by Western Wealth Management LLC

Western Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, HoldingsChannel reports. The fund purchased 53,250 shares of the company’s stock, valued at approximately $5,384,000. iShares S&P 500 Value ETF makes up 1.4% of Western Wealth Management LLC’s holdings, making the stock its 10th biggest position.

Other large investors also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its holdings in iShares S&P 500 Value ETF by 9.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 56,176 shares of the company’s stock worth $6,187,000 after acquiring an additional 4,663 shares during the last quarter. First Trust Advisors LP grew its holdings in iShares S&P 500 Value ETF by 19.5% during the 3rd quarter. First Trust Advisors LP now owns 23,690 shares of the company’s stock worth $2,744,000 after acquiring an additional 3,865 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in iShares S&P 500 Value ETF by 6.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 877,881 shares of the company’s stock worth $101,694,000 after acquiring an additional 56,104 shares during the last quarter. Nomura Asset Management Co. Ltd. bought a new stake in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $577,000. Finally, BlackRock Inc. grew its holdings in iShares S&P 500 Value ETF by 1.9% during the 3rd quarter. BlackRock Inc. now owns 457,310 shares of the company’s stock worth $52,974,000 after acquiring an additional 8,360 shares during the last quarter.

IVE traded down $0.51 during trading on Monday, reaching $111.00. 18,733 shares of the company’s stock were exchanged, compared to its average volume of 1,271,658. iShares S&P 500 Value ETF has a one year low of $94.72 and a one year high of $118.81.



The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 26th. Shareholders of record on Thursday, March 21st will be issued a dividend of $0.6411 per share. This represents a $2.56 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date is Wednesday, March 20th.

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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.

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Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE).

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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