KCM Investment Advisors LLC Buys 74 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

KCM Investment Advisors LLC boosted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.7% during the 3rd quarter, Holdings Channel reports. The firm owned 2,074 shares of the company’s stock after acquiring an additional 74 shares during the period. KCM Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $409,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. lifted its holdings in 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 in the last quarter. LPL Financial LLC increased its stake in iShares S&P 500 Value ETF by 4.9% in the 2nd quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock worth $775,111,000 after purchasing an additional 200,427 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in shares of iShares S&P 500 Value ETF by 3.4% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,424,716 shares of the company’s stock worth $259,313,000 after buying an additional 47,074 shares during the last quarter. Cetera Investment Advisers grew its position in shares of iShares S&P 500 Value ETF by 905.6% in the 1st quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock worth $263,498,000 after buying an additional 1,270,256 shares during the last quarter. Finally, International Assets Investment Management LLC grew its position in shares of iShares S&P 500 Value ETF by 18,046.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after buying an additional 1,326,211 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 0.3 %

NYSEARCA IVE opened at $199.51 on Friday. The stock’s 50 day moving average is $197.20 and its 200 day moving average is $189.67. iShares S&P 500 Value ETF has a twelve month low of $161.43 and a twelve month high of $203.67. The firm has a market capitalization of $35.74 billion, a PE 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.