KFA Private Wealth Group LLC Takes Position in iShares S&P 500 Value ETF $IVE

KFA Private Wealth Group LLC purchased a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 3,584 shares of the company’s stock, valued at approximately $814,000.

A number of other institutional investors have also made changes to their positions in IVE. WealthShield Partners LLC boosted its holdings in iShares S&P 500 Value ETF by 31.1% during the fourth quarter. WealthShield Partners LLC now owns 85,492 shares of the company’s stock worth $18,130,000 after buying an additional 20,296 shares during the last quarter. Trek Financial LLC increased its stake in shares of iShares S&P 500 Value ETF by 48.3% in the 4th quarter. Trek Financial LLC now owns 120,030 shares of the company’s stock valued at $25,455,000 after acquiring an additional 39,068 shares during the last quarter. M Holdings Securities Inc. bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $2,929,000. Tradition Wealth Management LLC increased its stake in shares of iShares S&P 500 Value ETF by 48.0% in the 4th quarter. Tradition Wealth Management LLC now owns 37,344 shares of the company’s stock valued at $7,919,000 after acquiring an additional 12,114 shares during the last quarter. Finally, PAX Financial Group LLC raised its position in shares of iShares S&P 500 Value ETF by 3.3% in the 1st quarter. PAX Financial Group LLC now owns 144,883 shares of the company’s stock valued at $30,592,000 after acquiring an additional 4,640 shares during the period.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $235.80 on Wednesday. The company’s 50 day simple moving average is $232.92 and its 200 day simple moving average is $224.79. iShares S&P 500 Value ETF has a fifty-two week low of $201.22 and a fifty-two week high of $239.93. The firm has a market capitalization of $49.84 billion, a price-to-earnings 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.