Kestra Advisory Services LLC Raises Stake in iShares S&P 500 Value ETF $IVE

Kestra Advisory Services LLC boosted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 386,520 shares of the company’s stock after purchasing an additional 35,784 shares during the quarter. Kestra Advisory Services LLC owned approximately 0.18% of iShares S&P 500 Value ETF worth $81,614,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Hilton Head Capital Partners LLC purchased a new stake in iShares S&P 500 Value ETF in the 4th quarter worth approximately $25,000. Simplex Trading LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $25,000. United Services Automobile Association bought a new position in shares of iShares S&P 500 Value ETF in the second quarter worth $26,000. Decker Retirement Planning Inc. bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth $26,000. Finally, Palisade Asset Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth $29,000.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $229.91 on Friday. The company has a market capitalization of $48.48 billion, a PE ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 52-week low of $193.90 and a 52-week high of $232.28. The business’s fifty day moving average is $226.69 and its 200 day moving average is $220.03.

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.