Blalock Williams LLC Makes New $2.95 Million Investment in iShares S&P 500 Value ETF $IVE

Blalock Williams LLC purchased a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 14,291 shares of the company’s stock, valued at approximately $2,951,000. iShares S&P 500 Value ETF makes up approximately 2.6% of Blalock Williams LLC’s portfolio, making the stock its 10th largest position.

A number of other hedge funds have also modified their holdings of IVE. United Services Automobile Association purchased a new position in iShares S&P 500 Value ETF in the second quarter valued at about $26,000. Harbor Asset Planning Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at about $30,000. Ryan Investment Management Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at about $36,000. Tripletail Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at approximately $37,000. Finally, Proathlete Wealth Management LLC acquired a new position in iShares S&P 500 Value ETF in the second quarter worth approximately $42,000.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $217.38 on Thursday. The firm has a market cap of $49.28 billion, a PE ratio of 20.70 and a beta of 0.89. The firm’s 50 day moving average price is $211.84 and its 200 day moving average price is $205.91. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $217.69.

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.