KMG Fiduciary Partners LLC Has $13.39 Million Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

KMG Fiduciary Partners LLC grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 70,149 shares of the company’s stock after buying an additional 119 shares during the quarter. iShares S&P 500 Value ETF makes up 1.1% of KMG Fiduciary Partners LLC’s portfolio, making the stock its 19th largest position. KMG Fiduciary Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $13,390,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. grew its holdings in iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after acquiring an additional 76 shares during the last quarter. Northwest Investment Counselors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the third quarter worth approximately $31,000. Valued Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the third quarter worth approximately $35,000. Copley Financial Group Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $36,000. Finally, Hobbs Group Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $40,000.

iShares S&P 500 Value ETF Price Performance

IVE stock opened at $192.82 on Friday. The company has a 50 day moving average price of $197.24 and a 200 day moving average price of $193.89. iShares S&P 500 Value ETF has a fifty-two week low of $170.13 and a fifty-two week high of $206.63. The stock has a market capitalization of $34.54 billion, a PE ratio of 23.79 and a beta of 0.81.

About iShares S&P 500 Value ETF

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.