Kestra Private Wealth Services LLC Buys 5,155 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Kestra Private Wealth Services LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 18.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 32,732 shares of the company’s stock after acquiring an additional 5,155 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in iShares S&P 500 Value ETF were worth $5,692,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Choreo LLC increased its holdings in iShares S&P 500 Value ETF by 799.3% during the 4th quarter. Choreo LLC now owns 90,954 shares of the company’s stock valued at $15,816,000 after purchasing an additional 80,840 shares in the last quarter. McAdam LLC bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth $212,000. Mather Group LLC. increased its stake in shares of iShares S&P 500 Value ETF by 4.8% in the fourth quarter. Mather Group LLC. now owns 3,895 shares of the company’s stock valued at $677,000 after buying an additional 178 shares in the last quarter. Cora Capital Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at about $219,000. Finally, Fiduciary Group LLC acquired a new position in iShares S&P 500 Value ETF during the 4th quarter worth about $208,000.

iShares S&P 500 Value ETF Trading Down 0.6 %

Shares of IVE traded down $1.11 during mid-day trading on Tuesday, hitting $179.80. 139,073 shares of the company traded hands, compared to its average volume of 946,081. The stock has a market capitalization of $32.21 billion, a price-to-earnings ratio of 23.38 and a beta of 0.84. The business has a 50-day moving average of $181.46 and a 200 day moving average of $172.09. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $187.24.

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.