Koesten Hirschmann & Crabtree INC. Has $430,000 Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Koesten Hirschmann & Crabtree INC. decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,255 shares of the company’s stock after selling 100 shares during the period. iShares S&P 500 Value ETF comprises approximately 0.2% of Koesten Hirschmann & Crabtree INC.’s holdings, making the stock its 20th largest holding. Koesten Hirschmann & Crabtree INC.’s holdings in iShares S&P 500 Value ETF were worth $430,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its stake in iShares S&P 500 Value ETF by 3.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 13,435,769 shares of the company’s stock valued at $2,564,620,000 after acquiring an additional 493,784 shares during the period. Bank of America Corp DE boosted its holdings in iShares S&P 500 Value ETF by 2.5% during the fourth quarter. Bank of America Corp DE now owns 8,148,548 shares of the company’s stock valued at $1,555,395,000 after purchasing an additional 200,707 shares in the last quarter. Stifel Financial Corp grew its stake in shares of iShares S&P 500 Value ETF by 3.5% in the 4th quarter. Stifel Financial Corp now owns 2,576,656 shares of the company’s stock valued at $491,832,000 after purchasing an additional 88,096 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 7.5% in the 4th quarter. Ameriprise Financial Inc. now owns 2,455,376 shares of the company’s stock worth $468,171,000 after buying an additional 171,953 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 8.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock worth $408,993,000 after buying an additional 167,028 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $193.13 on Wednesday. The stock’s fifty day simple moving average is $187.10 and its 200 day simple moving average is $190.05. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $206.63. The firm has a market cap of $38.72 billion, a price-to-earnings ratio of 20.88 and a beta of 0.89.

iShares S&P 500 Value ETF 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.