Kwmg LLC increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 175,980 shares of the company’s stock after buying an additional 12,389 shares during the period. iShares S&P 500 Value ETF accounts for approximately 5.3% of Kwmg LLC’s holdings, making the stock its 5th biggest holding. Kwmg LLC owned about 0.14% of iShares S&P 500 Value ETF worth $19,381,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of IVE. Cornerstone Wealth Management LLC lifted its position in iShares S&P 500 Value ETF by 14,879.1% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 1,348,714 shares of the company’s stock worth $12,257,000 after buying an additional 1,339,710 shares in the last quarter. Jones Financial Companies Lllp lifted its position in iShares S&P 500 Value ETF by 15.8% during the 1st quarter. Jones Financial Companies Lllp now owns 8,988,059 shares of the company’s stock worth $982,755,000 after buying an additional 1,226,421 shares in the last quarter. LPL Financial LLC lifted its position in iShares S&P 500 Value ETF by 40.7% during the 1st quarter. LPL Financial LLC now owns 2,380,469 shares of the company’s stock worth $260,280,000 after buying an additional 688,282 shares in the last quarter. Stifel Financial Corp raised its holdings in iShares S&P 500 Value ETF by 23.1% during the 1st quarter. Stifel Financial Corp now owns 2,349,016 shares of the company’s stock worth $256,922,000 after purchasing an additional 440,214 shares during the last quarter. Finally, Sei Investments Co. raised its holdings in iShares S&P 500 Value ETF by 33.1% during the 1st quarter. Sei Investments Co. now owns 1,316,355 shares of the company’s stock worth $143,929,000 after purchasing an additional 327,430 shares during the last quarter.

Shares of NYSEARCA:IVE opened at $115.80 on Tuesday. iShares S&P 500 Value ETF has a 1-year low of $103.71 and a 1-year high of $121.12.

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.

Featured Article: Price to Earnings Ratio (PE), For Valuing Stocks

Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE).

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

Receive News & Ratings for iShares S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.