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

Kwmg LLC increased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 138,289 shares of the company’s stock after acquiring an additional 6,027 shares during the quarter. iShares S&P 500 Value ETF comprises approximately 2.3% of Kwmg LLC’s holdings, making the stock its 12th biggest position. Kwmg LLC owned about 0.07% of iShares S&P 500 Value ETF worth $31,569,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IVE. Bank of America Corp DE increased its stake in shares of iShares S&P 500 Value ETF by 2.0% in the first quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock worth $1,997,009,000 after purchasing an additional 182,358 shares in the last quarter. Wells Fargo & Company MN increased its stake in iShares S&P 500 Value ETF by 2.0% in the 4th quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock worth $1,328,436,000 after buying an additional 120,153 shares in the last quarter. MML Investors Services LLC raised its holdings in iShares S&P 500 Value ETF by 48.8% during the fourth quarter. MML Investors Services LLC now owns 2,103,532 shares of the company’s stock valued at $446,096,000 after acquiring an additional 689,967 shares during the period. Lido Advisors LLC boosted its stake in shares of iShares S&P 500 Value ETF by 4.4% in the first quarter. Lido Advisors LLC now owns 1,944,079 shares of the company’s stock worth $410,493,000 after acquiring an additional 81,088 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in shares of iShares S&P 500 Value ETF by 38.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 1,470,999 shares of the company’s stock worth $311,955,000 after purchasing an additional 405,698 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.2%

IVE traded down $0.53 on Wednesday, hitting $231.13. 296,058 shares of the company’s stock traded hands, compared to its average volume of 945,020. The company’s 50 day simple moving average is $234.44 and its 200-day simple moving average is $227.39. iShares S&P 500 Value ETF has a one year low of $202.45 and a one year high of $239.93. The firm has a market cap of $48.93 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83.

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. 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.