Kwmg LLC raised its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 6.9% during the 2nd quarter, Holdings Channel reports. The firm owned 132,262 shares of the company’s stock after purchasing an additional 8,489 shares during the quarter. iShares S&P 500 Value ETF comprises 2.2% of Kwmg LLC’s investment portfolio, making the stock its 13th biggest holding. Kwmg LLC’s holdings in iShares S&P 500 Value ETF were worth $30,031,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also modified their holdings of the company. Simplex Trading LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth approximately $25,000. Hilton Head Capital Partners LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $25,000. RMG Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the first quarter worth $27,000. Decker Retirement Planning Inc. acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at approximately $26,000. Finally, United Services Automobile Association acquired a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth $26,000.
iShares S&P 500 Value ETF Trading Up 0.5%
Shares of NYSEARCA IVE opened at $235.78 on Friday. iShares S&P 500 Value ETF has a 12-month low of $197.66 and a 12-month high of $236.39. The stock’s 50 day simple moving average is $229.51 and its 200 day simple moving average is $222.52. The company has a market cap of $49.83 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.
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Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report).
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