Apollon Wealth Management LLC Grows Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Apollon Wealth Management LLC grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 29,424 shares of the company’s stock after purchasing an additional 1,362 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $5,802,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Northwest Investment Counselors LLC bought a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $31,000. Valued Wealth Advisors LLC purchased a new stake in iShares S&P 500 Value ETF during the third quarter worth $35,000. Addison Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 50.0% during the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock worth $51,000 after buying an additional 93 shares in the last quarter. TruNorth Capital Management LLC purchased a new stake in iShares S&P 500 Value ETF during the second quarter worth $65,000. Finally, Avondale Wealth Management raised its position in iShares S&P 500 Value ETF by 24.8% during the second quarter. Avondale Wealth Management now owns 362 shares of the company’s stock worth $66,000 after acquiring an additional 72 shares during the period.

iShares S&P 500 Value ETF Stock Up 0.4 %

Shares of NYSEARCA IVE opened at $202.59 on Tuesday. The firm has a 50-day simple moving average of $196.49 and a 200-day simple moving average of $189.08. The stock has a market capitalization of $36.29 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52 week low of $157.33 and a 52 week high of $203.67.

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.