KFA Private Wealth Group LLC Increases Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

KFA Private Wealth Group LLC lifted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 16.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 56,578 shares of the company’s stock after purchasing an additional 8,010 shares during the period. iShares S&P 500 Value ETF comprises approximately 3.5% of KFA Private Wealth Group LLC’s holdings, making the stock its 9th biggest holding. KFA Private Wealth Group LLC’s holdings in iShares S&P 500 Value ETF were worth $9,838,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of IVE. Sage Financial Group Inc. purchased a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $217,000. Financial Enhancement Group LLC grew its position in iShares S&P 500 Value ETF by 35.5% during the fourth quarter. Financial Enhancement Group LLC now owns 50,751 shares of the company’s stock worth $8,683,000 after buying an additional 13,298 shares in the last quarter. Cullen Frost Bankers Inc. increased its stake in iShares S&P 500 Value ETF by 19.8% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 97,534 shares of the company’s stock worth $15,005,000 after acquiring an additional 16,129 shares during the last quarter. Bfsg LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $60,000. Finally, Smith Anglin Financial LLC raised its holdings in shares of iShares S&P 500 Value ETF by 4.8% in the 4th quarter. Smith Anglin Financial LLC now owns 376,324 shares of the company’s stock valued at $65,439,000 after acquiring an additional 17,236 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.2 %

Shares of NYSEARCA IVE traded down $0.32 during midday trading on Friday, hitting $180.13. 440,676 shares of the company’s stock were exchanged, compared to its average volume of 961,049. The business’s fifty day moving average price is $181.38 and its two-hundred day moving average price is $171.68. The company has a market cap of $32.27 billion, a price-to-earnings ratio of 23.38 and a beta of 0.84. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month 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.