iShares S&P 500 Value ETF $IVE Stock Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 43.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 540,689 shares of the company’s stock after buying an additional 164,404 shares during the quarter. Kestra Advisory Services LLC’s holdings in iShares S&P 500 Value ETF were worth $123,428,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Ascent Group LLC raised its holdings in iShares S&P 500 Value ETF by 1.5% during the third quarter. Ascent Group LLC now owns 347,602 shares of the company’s stock worth $79,351,000 after purchasing an additional 5,157 shares in the last quarter. Team Financial Group LLC lifted its position in shares of iShares S&P 500 Value ETF by 13.5% during the 3rd quarter. Team Financial Group LLC now owns 1,152 shares of the company’s stock worth $263,000 after buying an additional 137 shares during the last quarter. Integras Partners LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 6.1% in the 3rd quarter. Integras Partners LLC now owns 4,535 shares of the company’s stock valued at $1,035,000 after buying an additional 260 shares in the last quarter. Associated Banc Corp acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at $17,046,000. Finally, Integrity Alliance LLC. boosted its holdings in shares of iShares S&P 500 Value ETF by 2.9% in the 3rd quarter. Integrity Alliance LLC. now owns 130,785 shares of the company’s stock valued at $29,856,000 after buying an additional 3,629 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $236.48 on Friday. The firm’s fifty day moving average price is $234.89 and its 200 day moving average price is $226.57. The company has a market capitalization of $50.09 billion, a price-to-earnings ratio of 22.47 and a beta of 0.82. iShares S&P 500 Value ETF has a 12 month low of $203.15 and a 12 month high of $244.72.

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. 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.