KFA Private Wealth Group LLC Has $9.84 Million Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

KFA Private Wealth Group LLC grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 16.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 56,578 shares of the company’s stock after buying an additional 8,010 shares during the period. iShares S&P 500 Value ETF accounts for about 3.5% of KFA Private Wealth Group LLC’s investment portfolio, making the stock its 9th biggest holding. KFA Private Wealth Group LLC’s holdings in iShares S&P 500 Value ETF were worth $9,838,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Stifel Financial Corp lifted its stake in shares of iShares S&P 500 Value ETF by 1.3% in the 3rd quarter. Stifel Financial Corp now owns 2,170,089 shares of the company’s stock worth $333,847,000 after acquiring an additional 28,499 shares during the period. LPL Financial LLC boosted its stake in iShares S&P 500 Value ETF by 1.3% during the 3rd quarter. LPL Financial LLC now owns 1,940,992 shares of the company’s stock valued at $298,602,000 after purchasing an additional 23,973 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of iShares S&P 500 Value ETF by 4.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,490,065 shares of the company’s stock valued at $229,232,000 after purchasing an additional 63,793 shares during the period. US Bancorp DE raised its stake in shares of iShares S&P 500 Value ETF by 0.8% in the 3rd quarter. US Bancorp DE now owns 1,334,378 shares of the company’s stock worth $204,727,000 after buying an additional 10,074 shares in the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of iShares S&P 500 Value ETF by 7.2% in the third quarter. Royal Bank of Canada now owns 1,233,196 shares of the company’s stock valued at $189,715,000 after buying an additional 82,644 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.2 %

NYSEARCA:IVE traded down $0.32 during mid-day trading on Friday, reaching $180.13. 440,676 shares of the stock were exchanged, compared to its average volume of 961,049. The business has a fifty day moving average price of $181.38 and a 200 day moving average price of $171.68. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $187.24. The firm has a market capitalization of $32.27 billion, a PE ratio of 23.38 and a beta of 0.84.

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.