Apollon Wealth Management LLC Has $18.96 Million Stock Holdings in iShares S&P 500 Value ETF $IVE

Apollon Wealth Management LLC boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 27.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 89,389 shares of the company’s stock after acquiring an additional 19,500 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $18,957,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of IVE. Envestnet Asset Management Inc. boosted its holdings in iShares S&P 500 Value ETF by 5.4% in the third 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 during the last quarter. Bank of America Corp DE lifted its holdings in iShares S&P 500 Value ETF by 0.9% in the third quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock valued at $1,734,056,000 after buying an additional 72,040 shares during the period. UBS Group AG boosted its position in iShares S&P 500 Value ETF by 1.0% during the third quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock valued at $744,423,000 after acquiring an additional 37,372 shares during the last quarter. Ameriprise Financial Inc. grew 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 acquiring an additional 484,782 shares during the period. Finally, Park Avenue Securities LLC grew its holdings in iShares S&P 500 Value ETF by 40.4% during the 4th quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock worth $523,293,000 after acquiring an additional 710,518 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $215.42 on Friday. iShares S&P 500 Value ETF has a 1 year low of $172.13 and a 1 year high of $223.05. The business’s 50-day moving average is $216.23 and its 200-day moving average is $212.75. The company has a market capitalization of $47.54 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.