Kennedy Investment Group Has $1.43 Million Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Kennedy Investment Group reduced its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,258 shares of the company’s stock after selling 51 shares during the period. Kennedy Investment Group’s holdings in iShares S&P 500 Value ETF were worth $1,431,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Sharkey Howes & Javer increased its position in shares of iShares S&P 500 Value ETF by 1.3% in the third quarter. Sharkey Howes & Javer now owns 74,920 shares of the company’s stock valued at $14,772,000 after acquiring an additional 973 shares during the last quarter. Triad Wealth Partners LLC increased its holdings in iShares S&P 500 Value ETF by 510,175.0% during the third quarter. Triad Wealth Partners LLC now owns 20,411 shares of the company’s stock worth $4,025,000 after buying an additional 20,407 shares during the last quarter. Gilliland Jeter Wealth Management LLC lifted its stake in iShares S&P 500 Value ETF by 22.4% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 1,102 shares of the company’s stock valued at $217,000 after acquiring an additional 202 shares during the last quarter. Brown Lisle Cummings Inc. increased its stake in shares of iShares S&P 500 Value ETF by 332.7% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 913 shares of the company’s stock worth $180,000 after purchasing an additional 702 shares during the last quarter. Finally, Midwest Heritage Bank FSB acquired a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at about $228,000.

iShares S&P 500 Value ETF Trading Down 0.8 %

Shares of IVE traded down $1.58 during mid-day trading on Monday, reaching $199.16. The company’s stock had a trading volume of 236,652 shares, compared to its average volume of 685,279. The stock has a market cap of $35.68 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $201.08. The business has a 50-day simple moving average of $194.63 and a two-hundred day simple moving average of $187.25.

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.