Kingswood Wealth Advisors LLC Boosts Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Kingswood Wealth Advisors LLC increased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 21.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,684 shares of the company’s stock after buying an additional 480 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $512,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in IVE. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after buying an additional 76 shares during the last quarter. Northwest Investment Counselors LLC purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter worth approximately $31,000. Valued Wealth Advisors LLC purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter worth approximately $35,000. Perkins Coie Trust Co purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth approximately $35,000. Finally, Copley Financial Group Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter worth approximately $36,000.

iShares S&P 500 Value ETF Trading Up 0.1 %

IVE opened at $197.41 on Friday. The company has a market cap of $35.37 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The company’s 50 day moving average is $196.24 and its 200 day moving average is $194.81. iShares S&P 500 Value ETF has a 12-month low of $173.01 and a 12-month high of $206.63.

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.