iShares S&P 500 Value ETF (NYSEARCA:IVE) Stock Holdings Lifted by Kelly Financial Services LLC

Kelly Financial Services LLC lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.9% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 31,960 shares of the company’s stock after purchasing an additional 583 shares during the quarter. iShares S&P 500 Value ETF accounts for about 2.3% of Kelly Financial Services LLC’s investment portfolio, making the stock its 11th largest holding. Kelly Financial Services LLC’s holdings in iShares S&P 500 Value ETF were worth $6,302,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of IVE. JPMorgan Chase & Co. lifted its position in iShares S&P 500 Value ETF by 5.1% in the 1st quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock worth $3,320,751,000 after buying an additional 861,704 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares S&P 500 Value ETF by 3.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock worth $2,253,356,000 after purchasing an additional 420,007 shares during the last quarter. LPL Financial LLC boosted its stake in iShares S&P 500 Value ETF by 4.9% during the 2nd quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock valued at $775,111,000 after purchasing an additional 200,427 shares during the period. US Bancorp DE grew its holdings in iShares S&P 500 Value ETF by 9.9% in the 1st quarter. US Bancorp DE now owns 1,539,081 shares of the company’s stock valued at $287,516,000 after buying an additional 139,258 shares during the last quarter. Finally, CWM LLC boosted its position in shares of iShares S&P 500 Value ETF by 228.4% in the first quarter. CWM LLC now owns 1,496,348 shares of the company’s stock valued at $279,533,000 after acquiring an additional 1,040,767 shares during the period.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE opened at $196.93 on Thursday. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $197.63. The company has a fifty day moving average price of $192.64 and a 200 day moving average price of $186.53. The stock has a market cap of $35.28 billion, a P/E ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF 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.