3,584 Shares in iShares S&P 500 Value ETF $IVE Bought by KFA Private Wealth Group LLC

KFA Private Wealth Group LLC acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,584 shares of the company’s stock, valued at approximately $814,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Simplex Trading LLC bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $25,000. United Services Automobile Association bought a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at about $26,000. RMG Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF during the 1st quarter valued at about $27,000. Finally, Palisade Asset Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at approximately $29,000.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $235.80 on Wednesday. The stock has a 50 day simple moving average of $232.92 and a 200 day simple moving average of $224.79. iShares S&P 500 Value ETF has a 52-week low of $201.22 and a 52-week high of $239.93. The firm has a market capitalization of $49.84 billion, a PE ratio of 20.70 and a beta of 0.82.

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.