Kestra Investment Management LLC Has $56.20 Million Stake in iShares S&P 500 Value ETF $IVE

Kestra Investment Management LLC increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 264,985 shares of the company’s stock after purchasing an additional 22,847 shares during the quarter. iShares S&P 500 Value ETF makes up about 1.4% of Kestra Investment Management LLC’s investment portfolio, making the stock its 20th biggest holding. Kestra Investment Management LLC owned 0.12% of iShares S&P 500 Value ETF worth $56,195,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its holdings in iShares S&P 500 Value ETF by 5.4% during the third quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock worth $4,568,288,000 after purchasing an additional 1,137,886 shares during the last quarter. Bank of America Corp DE boosted its holdings in iShares S&P 500 Value ETF by 0.9% during the third quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock worth $1,734,056,000 after purchasing an additional 72,040 shares during the last quarter. UBS Group AG boosted its holdings in iShares S&P 500 Value ETF by 1.0% during the third quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock worth $744,423,000 after purchasing an additional 37,372 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in iShares S&P 500 Value ETF by 19.0% during the second quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock worth $591,818,000 after purchasing an additional 484,782 shares during the last quarter. Finally, CWM LLC boosted its holdings in iShares S&P 500 Value ETF by 37.5% during the fourth quarter. CWM LLC now owns 2,579,248 shares of the company’s stock worth $546,981,000 after purchasing an additional 702,987 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $228.03 on Tuesday. iShares S&P 500 Value ETF has a 12 month low of $185.34 and a 12 month high of $228.50. The firm has a fifty day simple moving average of $217.96 and a 200 day simple moving average of $215.97. The stock has a market capitalization of $50.35 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83.

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.