iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Purchased by Kestra Investment Management LLC

Kestra Investment Management LLC grew its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 16.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 142,042 shares of the company’s stock after buying an additional 19,551 shares during the quarter. iShares S&P 500 Value ETF comprises 1.1% of Kestra Investment Management LLC’s holdings, making the stock its 25th biggest position. Kestra Investment Management LLC owned about 0.08% of iShares S&P 500 Value ETF worth $27,113,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in IVE. International Assets Investment Management LLC boosted its position in shares of iShares S&P 500 Value ETF by 18,046.1% during the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after purchasing an additional 1,326,211 shares in the last quarter. USA Financial Formulas acquired a new position in iShares S&P 500 Value ETF in the fourth quarter worth approximately $77,191,000. PNC Financial Services Group Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 7.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after buying an additional 139,651 shares in the last quarter. Kovitz Investment Group Partners LLC lifted its position in shares of iShares S&P 500 Value ETF by 28.7% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock valued at $120,955,000 after acquiring an additional 136,769 shares during the last quarter. Finally, World Investment Advisors LLC boosted its stake in shares of iShares S&P 500 Value ETF by 1,511.5% during the 3rd quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock worth $22,220,000 after acquiring an additional 105,334 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.2 %

Shares of NYSEARCA IVE opened at $196.62 on Tuesday. iShares S&P 500 Value ETF has a 12 month low of $175.71 and a 12 month high of $206.63. The company has a market cap of $35.22 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The business has a fifty day simple moving average of $194.31 and a 200-day simple moving average of $195.50.

iShares S&P 500 Value ETF 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.