iShares S&P 500 Value ETF $IVE Shares Acquired by Keystone Financial Group

Keystone Financial Group increased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 480.9% in the fourth quarter, Holdings Channel reports. The firm owned 25,439 shares of the company’s stock after purchasing an additional 21,060 shares during the quarter. Keystone Financial Group’s holdings in iShares S&P 500 Value ETF were worth $5,395,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. lifted its holdings in iShares S&P 500 Value ETF by 5.4% in the third quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock worth $4,568,288,000 after acquiring an additional 1,137,886 shares during the last quarter. Cassaday & Co Wealth Management LLC lifted its holdings in iShares S&P 500 Value ETF by 3,286.8% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 1,153,776 shares of the company’s stock worth $244,681,000 after acquiring an additional 1,119,709 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in iShares S&P 500 Value ETF by 47.4% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock worth $538,709,000 after acquiring an additional 816,767 shares during the last quarter. Park Avenue Securities LLC lifted its holdings in iShares S&P 500 Value ETF by 40.4% in the fourth quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock worth $523,293,000 after acquiring an additional 710,518 shares during the last quarter. Finally, CWM LLC lifted its holdings in iShares S&P 500 Value ETF by 37.5% in the fourth quarter. CWM LLC now owns 2,579,248 shares of the company’s stock worth $546,981,000 after acquiring an additional 702,987 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.2%

Shares of NYSEARCA IVE opened at $226.15 on Friday. The firm’s 50-day moving average price is $217.37 and its two-hundred day moving average price is $215.69. iShares S&P 500 Value ETF has a 52-week low of $185.34 and a 52-week high of $226.24. The stock has a market capitalization of $49.93 billion, a P/E ratio of 20.70 and a beta of 0.83.

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. 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.