Kestra Advisory Services LLC Increases Stock Position in iShares S&P 500 Value ETF $IVE

Kestra Advisory Services LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 386,520 shares of the company’s stock after purchasing an additional 35,784 shares during the quarter. Kestra Advisory Services LLC’s holdings in iShares S&P 500 Value ETF were worth $81,614,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of IVE. Hilton Head Capital Partners LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $25,000. Simplex Trading LLC purchased a new position in iShares S&P 500 Value ETF in the fourth quarter worth $25,000. United Services Automobile Association purchased a new position in iShares S&P 500 Value ETF in the second quarter worth $26,000. Decker Retirement Planning Inc. purchased a new position in iShares S&P 500 Value ETF in the fourth quarter worth $26,000. Finally, Palisade Asset Management LLC bought a new position in iShares S&P 500 Value ETF in the third quarter valued at $29,000.

iShares S&P 500 Value ETF Stock Up 0.4%

IVE opened at $229.91 on Friday. The business’s fifty day simple moving average is $226.69 and its 200 day simple moving average is $220.03. iShares S&P 500 Value ETF has a 52 week low of $193.90 and a 52 week high of $232.28. The stock has a market cap of $48.48 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.