Kelly Financial Services LLC Buys 2,454 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Kelly Financial Services LLC lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 34,414 shares of the company’s stock after purchasing an additional 2,454 shares during the quarter. iShares S&P 500 Value ETF accounts for about 2.0% of Kelly Financial Services LLC’s holdings, making the stock its 11th largest position. Kelly Financial Services LLC’s holdings in iShares S&P 500 Value ETF were worth $6,570,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the stock. NBC Securities Inc. raised its position in shares of iShares S&P 500 Value ETF by 33.3% in the third quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock worth $423,000 after buying an additional 536 shares in the last quarter. Ausdal Financial Partners Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 81.0% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock valued at $9,110,000 after acquiring an additional 20,674 shares in the last quarter. Concourse Financial Group Securities Inc. boosted its position in shares of iShares S&P 500 Value ETF by 7.0% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock valued at $10,501,000 after acquiring an additional 3,500 shares during the last quarter. Cornell Pochily Investment Advisors Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 31.3% during the third quarter. Cornell Pochily Investment Advisors Inc. now owns 3,060 shares of the company’s stock worth $603,000 after purchasing an additional 730 shares in the last quarter. Finally, High Falls Advisors Inc increased its position in shares of iShares S&P 500 Value ETF by 3.1% in the second quarter. High Falls Advisors Inc now owns 74,353 shares of the company’s stock worth $13,533,000 after purchasing an additional 2,223 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $194.09 on Friday. iShares S&P 500 Value ETF has a 1 year low of $170.13 and a 1 year high of $206.63. The firm has a market cap of $34.77 billion, a PE ratio of 23.79 and a beta of 0.81. The company has a 50 day simple moving average of $196.93 and a two-hundred day simple moving average of $194.06.

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.