Nwam LLC Has $296,000 Stake in iShares S&P 500 Value Index (IVE)

Nwam LLC lessened its holdings in shares of iShares S&P 500 Value Index (NYSEARCA:IVE) by 56.3% during the 2nd quarter, Holdings Channel reports. The fund owned 2,691 shares of the company’s stock after selling 3,465 shares during the quarter. Nwam LLC’s holdings in iShares S&P 500 Value Index were worth $296,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Signaturefd LLC purchased a new position in shares of iShares S&P 500 Value Index during the 1st quarter valued at $102,000. Optimum Investment Advisors purchased a new position in shares of iShares S&P 500 Value Index during the 1st quarter valued at $122,000. Clearwater Capital Advisors LLC purchased a new position in shares of iShares S&P 500 Value Index during the 1st quarter valued at $139,000. We Are One Seven LLC purchased a new position in shares of iShares S&P 500 Value Index during the 4th quarter valued at $142,000. Finally, Parallel Advisors LLC lifted its stake in shares of iShares S&P 500 Value Index by 133.6% during the 1st quarter. Parallel Advisors LLC now owns 1,350 shares of the company’s stock valued at $148,000 after buying an additional 772 shares in the last quarter.

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iShares S&P 500 Value Index opened at $112.61 on Wednesday, according to MarketBeat Ratings. iShares S&P 500 Value Index has a fifty-two week low of $103.71 and a fifty-two week high of $121.12.

The company also recently announced a quarterly dividend, which was paid on Monday, July 2nd. Investors of record on Wednesday, June 27th were paid a dividend of $0.7133 per share. This is a boost from iShares S&P 500 Value Index’s previous quarterly dividend of $0.63. The ex-dividend date was Tuesday, June 26th. This represents a $2.85 dividend on an annualized basis and a dividend yield of 2.53%.

iShares S&P 500 Value Index 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.

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