Cassaday & Co Wealth Management LLC Acquires 27,857 Shares of iShares S&P 500 Value ETF $IVE

Cassaday & Co Wealth Management LLC grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 704.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,813 shares of the company’s stock after acquiring an additional 27,857 shares during the quarter. Cassaday & Co Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $6,217,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Cloud Capital Management LLC bought a new stake in iShares S&P 500 Value ETF in the 1st quarter worth approximately $27,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in iShares S&P 500 Value ETF during the 1st quarter valued at $29,000. Harbor Asset Planning Inc. purchased a new stake in iShares S&P 500 Value ETF during the 2nd quarter valued at $30,000. Nemes Rush Group LLC boosted its position in iShares S&P 500 Value ETF by 625.0% during the 1st quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock valued at $33,000 after buying an additional 150 shares during the period. Finally, Flaharty Asset Management LLC bought a new position in iShares S&P 500 Value ETF in the first quarter worth $33,000.

iShares S&P 500 Value ETF Trading Down 0.1%

NYSEARCA IVE opened at $208.50 on Tuesday. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $211.83. The stock has a market cap of $42.52 billion, a P/E ratio of 20.70 and a beta of 0.89. The stock’s fifty day moving average price is $205.73 and its 200-day moving average price is $197.31.

About iShares S&P 500 Value ETF

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.