iShares S&P 500 Value ETF $IVE Stock Position Lifted by Kwmg LLC

Kwmg LLC increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,117 shares of the company’s stock after purchasing an additional 2,521 shares during the period. iShares S&P 500 Value ETF accounts for about 2.1% of Kwmg LLC’s investment portfolio, making the stock its 12th largest holding. Kwmg LLC’s holdings in iShares S&P 500 Value ETF were worth $24,186,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Graney & King LLC lifted its holdings in iShares S&P 500 Value ETF by 22.5% in the 1st quarter. Graney & King LLC now owns 316 shares of the company’s stock valued at $60,000 after acquiring an additional 58 shares during the last quarter. Harbor Investment Advisory LLC lifted its stake in iShares S&P 500 Value ETF by 0.3% during the second quarter. Harbor Investment Advisory LLC now owns 20,113 shares of the company’s stock valued at $3,930,000 after purchasing an additional 59 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its holdings in iShares S&P 500 Value ETF by 2.2% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,749 shares of the company’s stock worth $537,000 after buying an additional 59 shares in the last quarter. Seneca House Advisors boosted its holdings in iShares S&P 500 Value ETF by 0.4% during the second quarter. Seneca House Advisors now owns 15,246 shares of the company’s stock worth $2,979,000 after buying an additional 62 shares in the last quarter. Finally, Pinnacle Associates Ltd. grew its position in iShares S&P 500 Value ETF by 0.8% in the second quarter. Pinnacle Associates Ltd. now owns 8,323 shares of the company’s stock worth $1,626,000 after buying an additional 62 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 0.2%

NYSEARCA:IVE opened at $210.71 on Thursday. The stock has a fifty day simple moving average of $209.19 and a 200 day simple moving average of $202.71. The firm has a market capitalization of $42.97 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $214.90.

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.