iShares S&P 500 Value ETF $IVE is Kelly Financial Services LLC’s 7th Largest Position

Kelly Financial Services LLC increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 21.8% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 84,671 shares of the company’s stock after purchasing an additional 15,161 shares during the quarter. iShares S&P 500 Value ETF accounts for about 4.9% of Kelly Financial Services LLC’s investment portfolio, making the stock its 7th largest holding. Kelly Financial Services LLC’s holdings in iShares S&P 500 Value ETF were worth $16,546,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IVE. FARMERS & MERCHANTS TRUST Co OF LONG BEACH grew its stake in iShares S&P 500 Value ETF by 46.3% during the second quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 7,393 shares of the company’s stock worth $1,445,000 after buying an additional 2,339 shares during the period. Astoria Strategic Wealth Inc. raised its stake in shares of iShares S&P 500 Value ETF by 1.3% in the 2nd quarter. Astoria Strategic Wealth Inc. now owns 68,754 shares of the company’s stock valued at $13,436,000 after acquiring an additional 864 shares during the period. Sound Income Strategies LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 31.5% during the 2nd quarter. Sound Income Strategies LLC now owns 7,673 shares of the company’s stock valued at $1,499,000 after acquiring an additional 1,837 shares in the last quarter. Tritonpoint Wealth LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at $202,000. Finally, XY Planning Network Inc. purchased a new stake in iShares S&P 500 Value ETF during the 2nd quarter worth $266,000.

iShares S&P 500 Value ETF Trading Up 0.8%

Shares of NYSEARCA IVE opened at $205.47 on Monday. The stock has a fifty day moving average price of $201.56 and a 200 day moving average price of $192.88. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $206.63. The company has a market cap of $41.25 billion, a P/E ratio of 20.70 and a beta of 0.94.

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.