WNY Asset Management LLC Makes New Investment in iShares S&P 500 Value ETF $IVE

WNY Asset Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,844 shares of the company’s stock, valued at approximately $601,000.

Several other institutional investors have also modified their holdings of the stock. Simplex Trading LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth about $25,000. Hilton Head Capital Partners LLC purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $25,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $26,000. United Services Automobile Association acquired a new position in shares of iShares S&P 500 Value ETF during the second quarter valued at approximately $26,000. Finally, RMG Wealth Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the first quarter valued at approximately $27,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $231.71 on Friday. The stock’s 50 day simple moving average is $228.83 and its 200-day simple moving average is $221.90. The company has a market cap of $48.97 billion, a PE ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 1-year low of $193.90 and a 1-year high of $234.91.

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.