Kingsview Wealth Management LLC Buys 2,809 Shares of iShares S&P 500 Value ETF $IVE

Kingsview Wealth Management LLC increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 58.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,594 shares of the company’s stock after acquiring an additional 2,809 shares during the quarter. Kingsview Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $1,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its holdings in iShares S&P 500 Value ETF by 5.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock worth $4,568,288,000 after buying an additional 1,137,886 shares during the period. Bank of America Corp DE lifted its holdings in iShares S&P 500 Value ETF by 0.9% in the 3rd quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock worth $1,734,056,000 after buying an additional 72,040 shares during the period. UBS Group AG lifted its holdings in iShares S&P 500 Value ETF by 1.0% in the 3rd quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock worth $744,423,000 after buying an additional 37,372 shares during the period. Ameriprise Financial Inc. lifted its holdings in iShares S&P 500 Value ETF by 19.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock worth $591,818,000 after buying an additional 484,782 shares during the period. Finally, CWM LLC lifted its holdings in iShares S&P 500 Value ETF by 37.5% in the 4th quarter. CWM LLC now owns 2,579,248 shares of the company’s stock worth $546,981,000 after buying an additional 702,987 shares during the period.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $227.92 on Monday. iShares S&P 500 Value ETF has a fifty-two week low of $187.50 and a fifty-two week high of $228.95. The stock has a 50 day simple moving average of $219.24 and a two-hundred day simple moving average of $216.53. The stock has a market cap of $50.32 billion, a P/E 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.